German Business Confidence Gains Third Consecutive Month

Posted by Forexsq 1040 days ago (
img German business confidence rose more than economists forecast in January, adding to signs that Europe’s largest economy is recovering from a slump at the end of last year.

The Ifo institute’s business climate index, based on a survey of 7,000 executives, climbed to 104.2 from 102.4 in December. That’s the highest since June and the third straight gain. Sentiment dropped to a 2 1/2 year low in October. Economists predicted an increase to 103, according to the median of 41 forecasts in a Bloomberg News survey.

Who Voted for this Story


Follow ForexSQ on Social Networks

Sponsored Websites :
Back to the top