German business morale at record high

|By:, SA News Editor

German business morale hit a record high in June as Angela Merkel's conservatives pulled further ahead of the Social Democrats three months ahead of the country's vote.

The Ifo economic institute said its business climate index rose to 115.1 - the highest level since 1991 - from a reading of 114.6 in May, underpinning optimism by the Bundesbank that the upswing in Europe’s largest economy is set to continue.

ETFs: EWG, DAX, GF, DXGE, HEWG, DBGR, EWGS, GGOV, FGM, QDEU

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