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German consumers more upbeat 26/01/2012 14:51 CET
German businesses were much more optimistic in July.
The Ifo economic think tank’s monthly survey of some 7,000 firms found business sentiment at its highest level in three years.
Ifo says the unexpected jump was fuelled by a World Cup buzz that boosted consumer spending in Europe’s largest economy and points to strong economic growth in the current quarter.
More about: Consumer Confidence, Economic growth, GermanyCopyright © 2012 euronews
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