German business optimism continues to strengthen

|By:, SA News Editor

The Ifo institute's business climate index has increased to 110.6 in January from 109.5 in December and topped consensus of 110.

The current-situation reading rose to 112.4 from 111.6 and exceeded forecasts of 112.2, while the expectations print climbed to 108.9 from 107.4 and beat estimates of 108.

The DAX is -0.2% and the euro is +0.15% at $1.3698. (PR)

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