German business confidence has improved again to move to its highest level in 17 months.
The sentiment indicates that the German economy is showing a solid recovery.
The Munich based think-tank ifo, indicated that firms have become more upbeat about future prospects, with business expectations improving against the previous month.
Manufacturers were more optimistic about their future than any time in the last two years.
More good news for Angela Merkel two days after she secured a third German election victory.