German Ifo Business Confidence Recovers Unexpectedly In November

Posted on Nov 24, 2014

German business confidence improved unexpectedly in November reversing last month's decline, as the economy returned to growth avoiding a recession. The business confidence index rose for the first time in seven months to 104.7 in November from 103.2 in October, which was the lowest since December 2012, a survey conducted among 7,000 executives by the Ifo institute showed Monday.

There are no comments yet

  • Hello, guest