German business confidence stable despite global fears

April 25, 2016 8:48 AM

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FRANKFURT, Germany – A closely watched measure of German business optimism was stable in April despite worries about a possible global economic slowdown.

The Ifo index barely slipped to 106.6 points from 106.7 points in March. Market analysts had expected a small rise to 107.0 points.

Also read: U.S. Stocks Mixed After Jobs Report; Global Shares Down

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