German Business Confidence Rebounds to Highest Since 2014: Chart

German business sentiment surged to the highest level in more than two years in September as corporate concerns over slower growth and Brexit wore off, a report from the Munich-based Ifo institute showed on Monday. The figures come after the Bundesbank last week toned down its outlook for the German economy, saying it expected growth to slow in the third quarter. European Central Bank President Mario Draghi, who will visit the German parliament on Wednesday, has signaled that the country should use its “fiscal space” for stimulus.

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