German business morale rose in October, a survey showed this week, though trade woes continued to cast a pall over Europe’s largest economy.
The Ifo institute said its business climate index rose to 88.4 in October from 87.7 in September.
Analysts polled by Reuters had forecast a reading of 88.0.
“German business has not yet given up hope for an upturn,” said survey head Klaus Wohlrabe. “Expectations are rising in
