German Ifo Confidence Declines After Winter Chilled Recovery

German business confidence fell for a second month in April after winter weather hindered the recovery in Europe’s largest economy. The Ifo institute in Munich said its business climate index, based on a survey of 7,000 executives, dropped to 104.4 from 106.7 March. Economists in a Bloomberg New…

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German Ifo Confidence Declines After Winter Chilled Recovery