Global Economic News

German Business Confidence Strengthens On Expectations

Germany's business sentiment strengthened at a record rate in June on strong expectations as lockdown restrictions imposed to slow the spread of the coronavirus were eased across Europe, a closely watched survey showed Wednesday.

According to the ifo Institute, the business climate index rose to a four-month high of 86.2 points from 79.7 points in May, revised from 79.5. Economists had forecast a score of 85.

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by RTTNews Staff Writer

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