RTTNews - German business sentiment improved to 85.9 in June from a revised reading of 84.3 in May, a monthly survey the Munich-based Ifo Institute for Economic Research showed Monday. Economists had expected the index to rise to 85 in June.
Assessment of future situation improved to 89.5 in June, while the expected reading was 86.9. Meanwhile, the current assessment index stood at 82.4, below the consensus forecast of 83.
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