German business climate index improves amid uptick in expectations

German business climate index improves amid uptick in expectations

BERLIN (DPA, CONVERSEER) – Business sentiment in Germany improved in October, a leading economic institute said on Monday. The ifo Institute’s business climate index rose by 0.7 points to 88.4 points, beating expectations. While the 9,000 companies surveyed reported a downturn in their current economic situation, their assessment of future expectations rose significantly. “Companies remain…

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