Germany’s closely-watched Ifo business sentiment index has increased for the fourth consecutive month in August. The rise is an indication that the recovery in Europe’s biggest economy seems set to continue in 2013. The German business confidence barometer climbed from 106,2 points in July to 107,5 points in August, according to a monthly index released by Munich-based Ifo research group on Tuesday. The fourth rise in the Ifo index had sent the closely-watched barometer to its highest […]
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