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German Business Confidence Improvement Signals Resilience

Por: RTTNews Business February 22, 2023

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Germany's ifo confidence indicator climbed for the fourth month in a row in February, underpinned by stronger expectations, suggesting the resilience of the biggest euro area economy that may indeed avoid a modest recession. The ifo business confidence index rose to an eight-month high of 91.1 from 90.1 in January, survey data from the Munich-based ifo institute showed Wednesday. Economists had forecast a score of 91.4.The German is... + full article



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