(ANSA-AP) - BERLIN, 25 MAR - A closely watched survey shows
that business confidence in Germany, Europe's biggest economy,
is improving after six months of declines.
The Ifo institute said Monday that its monthly confidence
index rose to 99.6 points in March from 98.7 in February.
Managers' assessment of their current situation was slightly
better, while their expectations for the next six months
improved more significantly. The overall performance exceeded
the expectations of economists, who had predicted a reading of
98.7.
Germany has seen a string of disappointing economic data and
forecasts over recent months, with its performance dragged down
by one-time factors related to new car emissions standards.
There are also concerns over Brexit uncertainty and global trade
disputes. But the economy is considered to be in generally solid
state. (ANSA-AP).
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