Birds are seen over the skyline as the sun rises in Frankfurt, Germany, September 22, 2022. REUTERS/Kai Pfaffenbach Acquire Licensing Rights BERLIN, Aug 25 (Reuters) – German business morale deteriorated more than expected in August, falling for the fourth month in a row, a survey showed on Friday. The Ifo institute said its business climate index stood at 85.7, down from 87.4 in July. Analysts polled by Reuters had forecast a reading of 86.7. Assessments of the current situation fell to their lowest level since August 2020 and companies expectations for the next six months were also increasingly pessimistic. “The German economy is not out of the woods yet,” Ifo president Clemens
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