German Business Confidence Bounces Off Near 5-Year Low - Ifo

29 March 2019

German business confidence rebounded by more than expected in March, in a surprise contrast to the weak business surveys that rattled global markets on Friday. The Munich-based Ifo economic institute said its business climate index, based on a monthly survey of companies, edged forward to 99.6 from 98.5 in February. February’s reading had been the lowest level since November 2014.
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Post by : Republic of Turkey Ministry of Trade