German Ifo Business Climate Leaps In June - update

Monday, June 22, 2009

German business confidence leapt in June, signaling that the recession will come to an end in the next six months, a survey from Germany's Ifo Institute showed Monday. The Ifo business climate index rose for the third straight month, to 85.9 in June from a revised 84.3 in May. That was above economists' forecast of 85.3.
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