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Daily Digit: German Business Sentiment

Description:101.4 is today's daily digit in Europe. The latest snapshot of business sentiment in Germany by the Munich-based Ifo institute shows a suprising boost in confidence. Up from 100 in October, it's the first rise in the IFO index for seven months. New data also shows growth in German exports - up 1.4 percent in the quarter. And while overall the German economy continued to grow in the third quarter, the pace is slowing at just 0.2 percent. (1:02)

Source: Reuters

Tags: reuters , angela merkel , Europe. , Ifo institute