German business confidence increase better than expected: Ifo
Business confidence in Germany has improved by a better-than-expected rate in June, underlining ongoing robust recovery of Europe’s biggest economy.
Ifo, a widely watched business climate index, said Tuesday that its index for Germany rose to 106.8 in June from an upwardly revised 105.7 in May, beating expectations.
Economists polled by the AFX financial news wire had [...]
