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December, 7, 2016

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German business confidence rises in April after a slight fall in March: Ifo

FRANKFURT--German business confidence rebounded this month after a slight fall in March in Europe's biggest economy when companies worried about the Crimea crisis.

The Ifo economic institute's closely watched business climate index rose to 111.2 points in April against 110.7 the month before, beating market expectations.

Analysts polled by Dow Jones Newswires had predicted a slight decline to 110.5 points.









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