posted at 01:50
Author Name: Mike Bird
Germany IFO Business Survey
Germany's businesses are getting more confident, according to data just out from the IFO institute. The institutes's overall confidence figure jumped to 104.7 from 103.2, with 100 representing the long-term average for Germany. That's a welcome relief after some dismal growth figures and signs that Europe's biggest economy is slowing down. Analysts had expected a dip in the business climate part of the index, and a small improvement in the expectations part of the index.

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