German Business Confidence Rises for a Second Month

Posted by Forexsq 621 days ago (http://www.bloomberg.com)
img German business confidence increased for a second month in December, signaling Europe’s largest economy may support a euro-area recovery next year. The Ifo institute’s business climate index, based on a survey of 7,000 executives, climbed to 102.4 from 101.4 in November. That’s the second straight increase after sentiment dropped to a 2 1/2 year low in October. Economists predicted a gain to 102, according to the median forecast of 43 economists in a Bloomberg News survey.

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