German business confidence saw a slight dip in August from last month's record high, a survey from the Munich-based Ifo institute said Friday, but still beat analyst expectations.
The closely-watched survey, seen as an indicator of future performance in Europe's powerhouse, fell to 115.9 points after reaching an all-time peak in July.
Analysts surveyed by Factset had expected a steeper decline in morale at 115.7 points.
GMT 09:25 2017 Tuesday ,22 August
German investor confidence plunges in AugustGMT 13:11 2017 Tuesday ,15 August
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