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Euronews
Euronews
Piero Cingari

German business morale surges to 7-month highs on recovery hopes

Germany’s business sentiment rebounded strongly in March, buoyed by renewed momentum in the manufacturing sector and expectations of fiscal stimulus lifting economic prospects.

The ifo Business Climate Index rose to 86.7 in March, its highest reading in seven months, from 85.3 in February, broadly matching expectations.

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