German business sentiment rose in December, according to data released by the Ifo Institute on Wednesday, adding to a raft of recent positive economic data from the euro zone’s largest economy.
The business climate index rose to 109.5 in December, in line with a Reuters forecast. The reading in November was 109.3.
Other data collected by the Munich-based research institution showed that German business expectations also rose, to 107.4 in December from a revised figure of 106.4 the previous month.
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