German business sentiment improves in October

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Remembering Harley: Graveside memorial service honours homeless Hantsport man’s life | SaltWireBERLIN - German business morale improved more than expected in October, following five consecutive months of decline, a survey showed on Wednesday.

The Ifo institute said its business climate index stood at 86.9 versus the 85.9 reading forecast by analysts in a Reuters poll, following a slightly revised reading of 85.8 in September. Companies were somewhat more satisfied with the current business situation and managers were also less pessimistic about the coming months, the survey showed.

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