German business confidence posted a surprise gain in April, dpa quoted the Munich-based Ifo economic institute as saying.
The Ifo indicator jumped to 111.2 points this month from 110.7 points
in March. Analysts had expected a decline to 110.4.
"The companies are again looking more confident towards future
business developments," Ifo President Hans-Werner Sinn says. "Despite
the crisis in Ukraine the positive mood continues."