Business morale in Germany rebounded more than expected in October as companies' expectations were the strongest in over three-and-a-half years, though they gave a weaker assessment of the current situation for a third month in a row, results of a closely watched survey by the ifo institute showed on Monday.
The ifo business climate index climbed to 88.4 points to 87.7 points in September. Economists had expected a score of 88.
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by Jyotsna V
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