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German IFO Business Climate Index Misses Estimates

The headline German IFO Business Climate Index came in at 93.4 in September, stronger than last month’s 92.6 while missing the consensus estimates pointing to a reading of 93.8.

Meanwhile, the Current Economic Assessment arrived at 89.2 points in the reported month as compared to last month’s 87.9 and 89.5 anticipated.

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