The German Ifo business climate index rose to 108.3 from 108.7 the previous months. Current assessment registered 114.7 points vs 114.0 forecasts. The previous value was revised higher to 114.60 from 114.5. Expectations rose to 102.2 vs 101.6 forecasts. IFO president Fuest said that German economy remains resilient but automotive sector reported pessimistic expectations.

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