Julian Benson
on February 22nd, 2023 In Germany, economic sentiment unexpectedly rose yesterday to 28.1 from 21.5 in January. This reading represents a boost in investor morale, which reached 12-month highs and marked the fifth consecutive month of increases.
This morning the German inflation rate remained unchanged at 8.7% year-on-year and 1% month-on-month. This rate matched market expectations. Later today, we’ll hear Germany’s business climate from the Ifo.
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