Ifo index: German economy recovering

Hopes of an economic recovery in Germany rose today as its closely watched Ifo business climate index rose for the sixth successive time.

Ifo index: German economy recovering

Hopes of an economic recovery in Germany rose today as its closely watched Ifo business climate index rose for the sixth successive time.

It now stands at 94.2 in October from 92 in September and is at its highest level since February 2001.

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