German business morale heads higher

|By:, SA News Editor

German business morale brightened more than expected in April, hitting its highest in nearly six years.

Ifo's business climate index rose to 112.9, from an unpwardly revised 112.4 in March, suggesting executives are more upbeat about the current state of Europe's largest economy.

"Germany is growing strongly," Ifo chief Clemens Fuest said in a statement.

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