Germany business morale falls

FRANKFURT, Nov 24 (AFP): German business sentiment fell more than expected in November, a survey showed Monday, the latest sign that industry is losing faith in the government's plans to revive the economy.

The Ifo institute's confidence barometer dipped to 88.1 points from 88.4 points in October. Analysts surveyed by financial data firm FactSet had expected a reading of 88.3 this month.

"Sentiment among companies in Germany has deteriorated," said Ifo president Clemens Fuest.

"They have little faith that a recovery is coming anytime soon."