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German business sentiment rises slightly in June
June 24, 2013 / 8:11 AM / 4 years ago

German business sentiment rises slightly in June

BERLIN (Reuters) - German business morale edged up for a second straight month in June in a sign that Europe’s largest economy is slowly recovering after a contraction in late 2012 and a subdued start to 2013.

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange October 24, 2012. REUTERS/Remote/Amanda Andersen

The Munich-based Ifo think tank said on Monday its business climate index, based on a monthly survey of some 7,000 firms, climbed to 105.9 in June from 105.7 in May, bang in line with the consensus forecast in a Reuters poll of 40 economists.

Reporting by Berlin bureau

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