German Business Outlook Unexpectedly Rises for Sixth Month
- Ifo expectations index advances to 92.2 in April; est. 91.1
- Worries abating but German economy lacks dynamism, Fuest says
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Germany’s business outlook unexpectedly improved for a sixth month as the economy gradually recovers from the energy shock.
An expectations gauge by the Ifo institute rose to 92.2 from a revised 91 the previous month. Economists polled by Bloomberg had forecast a small drop. An index of current conditions declined.