Confidence up in Germany
BUSINESS confidence in Germany – the Eurozone’s largest economy – has edged up, but remains at low levels.
The Ifo business climate index climbed to 105.5 in December from 104.7 in November, according to figures released by German think tank Ifo yesterday.
Despite the increase it remains only slightly above the 22-month low of 103.2 achieved in October. It is also below the 2014-high of 111.2 seen in February.