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InstaForex - Official partner of Dragon Racing

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2014.04.2306:30:00UTC+00German Economy To Continue Expanding Moderately In H1 2014: Conference Board

Germany's leading index continued to climb in March, suggesting continued economic expansion in Eurozone's largest economy, a survey by the Conference Board showed Wednesday.

The think tank's leading economic index advanced 0.3 percent in February, after a 0.6 percent increase in January. In December, the index moved up 0.3 percent.

Five of the seven components in the leading index increased in February.

The coincident index , which measures the current economic situation, rose 0.3 percent, following a 0.4 percent climb in January. In December, the index decreased 0.1 percent.

"Taken together, the recent behavior of the composite indexes suggests that the economy will continue expanding moderately through the first half of 2014," The Conference Board said.

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