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Germany: IFO Business Climate improves in May

Adel 23 May, 2022 1:15 pm Market Update

The monthly survey conducted by Germany’s Ifo Institute showed on Monday that the Business Climate Index improved to 93 in May from 91.9 in April, surpassing the market expectation of 91.4.

Additionally, the Current Assessment Index rose to 99.5 from 97.3 and the Expectations Index edged higher to 86.9 from 86.8.

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