Germany Ifo business climate worsenes in July 2008

From the survey:
The Ifo Business Climate Index for industry and trade in Germany has fallen again significantly in July following a clear worsening in the previous month. The firms are much more dissatisfied with their current business situation and they are clearly more reserved regarding the six-month outlook. These results suggest that the economic upswing is coming to an end.
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source: Ifo Business Climate Index Falls
Ifo Business Survey July 2008 http://www.cesifo-group.de/portal/page/portal/ifoHome/a-winfo/d1index/10indexgsk