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The Independent UK
The Independent UK
National
Via AP news wire

HISTORICAL FACTS: German business confidence picks up after plunging on war - Caught on Camera

Copyright 2022 The Associated Press. All rights reserved

German business confidence has picked up slightly this month after plunging in March following Russia's invasion of Ukraine, a survey showed Monday.

The Ifo institute said its monthly confidence index, a closely watched indicator for Europe's biggest economy, rose to 91.8 points in April from 90.8 in March — stabilizing after a nearly eight-point fall last month.

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