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Ifo Business Climate Index in Jan. rises for third consecutive month

Xinhua, January 26, 2015 Adjust font size:

The Ifo Business Climate Index for industry and trade in Germany rose for the third consecutive month from 105.5 points in December to 106.7 points in January, the Ifo institute reported on Monday.

The indexes of business expectations in manufacturing and in wholesaling industries continued to improve, while the index in retailing turned positive for the first time since July 2014. However, the business climate in construction deteriorated slightly. Endit