German Business Confidence Rises With Growth Signs
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German business confidence rose for a second month in a sign that Europe’s largest economy is overcoming the weakness it hit earlier in the year.
The Ifo institute’s business climate index, based on a survey of 7,000 executives, advanced to 105.5 in December from 104.7 in November, when it rose for the first time in seven months. That matches the median estimate of 38 economists in a Bloomberg News survey.