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Urgent: Ifo Business Climate Index rises for fifth consecutive month in March

Xinhua, March 25, 2015 Adjust font size:

The Ifo Business Climate Index for industry and trade in Germany rose for the fifth consecutive month from 106.8 points in February to 107.9 points in March, the highest level since July 2014, the Ifo institute reported on Wednesday.

"Companies expressed far greater optimism about future business developments. The German economy continues to expand," Ifo president Hans-Werner Sinn said. Endit