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German Self-Employed Having Major Survival Concerns: Jimdo-ifo Survey

Despite a moderate recovery in business confidence among the self-employed in Germany, they remained pessimistic in November as they have major concerns about their survival amid the risk of a recession in the biggest euro area economy, results of a survey suggested on Thursday.

The Jimdo-ifo Business Climate Index for the Self-Employed rose to minus 21.6 points, from minus 25.0 points in October.

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by Renju Jaya

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