German business confidence rose to a 13-month high in October; Economic recovery continues hesitantly
Oct 23rd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Ifo institute at the University of Munich said its business climate index, based on a survey of 7,000 executives, rose to 91.9 from 91.3 in September. That’s the highest reading since September last year. The institute said the economic recovery continues hesitantly.