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German investor confidence gains in a sign of stronger growth

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Published Wed, Dec 17, 2014 · 09:50 PM

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Frankfurt

GERMAN investor confidence rose for a second month as Europe's largest economy showed signs of picking up the pace of growth.

The ZEW Centre for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict economic developments six months in advance, climbed to 34.9 in December from 11.5 in November. Economists had forecast an increase to 20, according to the median of 33 estimates in a Bloomberg News survey.

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