Confidence among German business leaders hit a "euphoric" all-time high in July, the Munich-based Ifo institute said, beating analysts' expectations of a small decline.
The survey-based index, closely watched by economic observers as an indicator of future performance in Europe's largest economy, rose to 116.0 points after a reading of 115.1 in June. Analysts surveyed by data company Factset had predicted a slip in the barometer this month.
GMT 13:34 2017 Wednesday ,20 December
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ECB ups eurozone growth forecasts for 2017-2019Maintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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