Germany's business confidence unexpectedly strengthened in March underpinned by robust improvement in expectations despite turbulence in the global banking sector, a closely watched survey suggested on Monday.
The business climate index rose to 93.3 in March from 91.1 in February, data from the Munich-based ifo institute showed. The score improved for the fifth consecutive month. The reading was forecast to fall to 91.0.
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by Renju Jaya
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