German Business Confidence Rises for Third Month Running

January 26, 2015 10:18 AM

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German business optimism rose for the third straight month in January, giving a positive signal from Europe's biggest economy as executives foresee export gains from the weaker euro.

The business climate survey from the Munich-based Ifo institute rose to 106.7 points from 105.5 points in December, beating expectations among market analysts for 106.2.

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