Business confidence in Germany climbed more than predicted in March

Note: This section contains information in English only.
Source: Bloomberg
German business climate index estimated by Ifo institute unexpectedly surged to 8-month record high in March, indicating European biggest economy will recover despite struggling demand for nation's exports. The business confidence measure advanced from reviewed 109.7 in February to 109.8 in March. Analysts predicted the index would stay at initial February level of 109.6.
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