This increase offers hope for the economy as it struggles with industrial challenges and weak global demand.
Clemens Fuest, the President of Ifo, noted that the German economy has temporarily halted its decline.
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German business morale unexpectedly improved in October, with the Ifo Institute’s climate index rising to 86.5 from 85.4 in September, surpassing analysis’ forecast of 85.6.
By PA/TPN, in Europe, World, Economy · 02 Nov 2024, 12:31 · 0 Comments
This increase offers hope for the economy as it struggles with industrial challenges and weak global demand.
Clemens Fuest, the President of Ifo, noted that the German economy has temporarily halted its decline.
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