German Industry Not Too Concerned About Brexit, Says Ifo

German business sentiment improved to the strongest level in five months in May, a sign that growth momentum in Europe’s largest economy remains strong. The Munich-based Ifo institute’s business climate index rose to 107.7 from a revised 106.7 in April. That beat the median estimate in a Bloomberg survey of economists, which was for an increase to 106.8. Clemens Fuest, president of the Ifo Institute, discussed more with Bloomberg's Francine Lacqua on "The Pulse."

Full Show: Surveillance (08/16)
47:46 - Bloomberg Surveillance hosted by Tom Keene, Guy Johnson, and Anna Edwards. Guests include Cees 'T Hart, chief executive officer at Carlsberg Group, Greg Valliere, chief global strategist at Horizon Investments, and Rep. Bill Pascrell, a member of the House Ways and Means Committee and a Democrat from New Jersey. (Source: Bloomberg)
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