Ifo: German business confidence rises in November
Volkswagen logo
Berlin - Arab Today
German business confidence bounced back in November from the decline Europe's top economy saw the previous month over the Volkswagen scandal, a leading economic think tank said Tuesday.
The Ifo institute's closely-watched business climate index rose to 109 points in November from 108.2 points in October, Ifo said in a statement, surprising analysts polled by financial services firm Factset who had expected another dip to 108.1
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