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2016.09.2606:00:00UTC+00Brexit shock has been overcome for now, Ifo economist says

Ifo economist Klaus Wohlrable on Monday said Brexit shock has been digested for now. He made the remarks after a survey by Ifo showing business morale in Germany surging in September.

Wohlrable said many indicators in the UK were again occurring and said the "small amount of uncertainty" the referendum result had created had been overcome.

He said the German economy won't be much affected this year.

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