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German business morale significantly improves in February

German business morale significantly improves in February
German business morale significantly improves in February Copyright  Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
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BERLIN - German business morale improved in February despite the ongoing Ukraine conflict as businesses hope for an end to the coronavirus crisis, a survey showed on Tuesday.

The Ifo institute said its business climate index rose to 98.9 from an upwardly revised 96.0 in January in December. A Reuters poll of analysts had pointed to a February reading of 96.5.

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