German Business Climate Index Hits 3-yr high

German business morale rose to its highest level in more than three years in August, an unexpected increase that suggests Europe’s largest economy will continue to steam ahead even if the pace of growth may slow. The Munich-based Ifo think tank said on Wednesday its business climate index rose to 106.7 from 106.2 in July, he third rise in a row. – Reuters

Be the first to comment

Leave a Reply

Your email address will not be published.


*