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Ifo index in Germany remains unchanged

In May it stayed at 89.3 points

Redazione Ansa

(ANSA) - BELGRADE, MAY 27 - According to the ifo Business Climate Index, sentiment among German companies remained unchanged in May, at 89.3 points. Companies were dissatisfied with their current business situation, but expectations improved. The manufacturing, trade, and construction sectors are recovering, but the service sector has taken a slight hit.
    Germany's economy is gradually recovering from the crisis, Ifo said. (ANSA).
   

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