German business confidence up


FRANKFURT: German business sentiment rose to the strongest level in almost six years in a sign that the momentum in Europe’s largest economy is set to continue.

The Munich-based Ifo institute’s business climate index increased to 112.9 in April from a revised 112.4 in March. That compares with a median estimate of 112.4 in a Bloomberg survey of economists.

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Business , Ifo , business sentiment , economy

   

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