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German Business Confidence At 6-Month High

German business confidence strengthened to a six-month high in February on improving assessment about current situation and upbeat outlook, survey data from the Munich-based ifo Institute showed Monday.

The business climate index rose more-than-expected to 88.6 in February from 87.6 in the previous month. The score was the highest since last August. The expected reading was 88.4.

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by Renju Jaya

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