Reuters logo
German Ifo business morale rises sharply in Feb
February 22, 2013 / 9:16 AM / 5 years ago

German Ifo business morale rises sharply in Feb

BERLIN, Feb 22 (Reuters) - German business morale posted its strongest monthly rise since July 2010 in February, pushing higher for a fourth consecutive month and suggesting Europe’s largest economy could rebound strongly after a dismal end to 2012.

The Munich-based Ifo think tank said on Friday its business climate index, based on a monthly survey of some 7,000 firms, rose to 107.4 in February, up from a revised 104.3 in January.

That beat the median forecast in a Reuters poll of 41 economists for the index to climb to 105.0, and was well above the highest estimate of 106.2.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below