Survey shows fall in German business confidence as shutdown bites

New cars are stored in front of containers at the ‘logport’ (logistic port) in Duisburg, Germany. A closely watched survey shows that business confidence in Germany, Europe’s biggest economy, fell for a second consecutive month in November as a resurgence of coronavirus infections led to partial shutdowns across the continent. (AP Photo/Martin Meissner,file)

Business confidence in Germany, Europe’s biggest economy, fell for a second consecutive month in November as a resurgence of coronavirus infections led to partial shutdowns across the continent, a closely watched survey showed.

Still, the decline was smaller than economists had predicted.