BERLIN (Reuters) – German business morale rose more than expected in December as Europe’s largest economy approached the end of the year with an improved outlook despite the energy crisis and high inflation, a survey said on Monday.
The Ifo institute said its business climate index rose to 88.6 from a revised reading of 86.4 in November.
A Reuters poll of analysts had pointed to a December reading of 87.4.
(Reporting by Miranda Murray and Rachel More; Editing by Maria Sheahan)
