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German Ifo Business Climate Falls Less-than-expected

Germany’s Ifo business climate fell less-than-expected last month, data showed on Friday.

In a report, the Ifo Institute for Economic Research said its index of German business climate fell to 111.10, from 111.30 in the preceding month whose figure was revised up from 111.20.

Analysts had expected the index to fall to 110.60 last month.