Business sentiment in Germany is on its two year peak

In Germany, the index, indicating the business sentiment, increased to its two year peak in June.

According to the communication of the Ifo Economic Research Institute, released on Tuesday in Munich; the overall index increased by 0.3 point to 101.8 points, while analysts previously expected 101.2 points. In May, the German economy’s the most important indicator, decreased to 101.5 points from the former 101.6 points of April – reports MTI.