German business confidence rises in April

Germany's IFO business climate index for industry and trade rose unexpectedly in April.

20th April, 2012

Germany's IFO business climate index for industry and trade rose unexpectedly in April.

The index rose from 109.8 to 109.9, against expectations for a drop to 109.5.

"The German economy is proving resilient," the IFO institute said.

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