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		</div><p>Business confidence in Germany, Europe’s biggest economy, fell for a second consecutive month in November as a resurgence of coronavirus infections led to partial shutdowns across the continent, a closely watched survey showed.</p>
<p>Still, the decline was smaller than economists had predicted.</p>
<p>And official data released separately on Tuesday showed that the economy performed a bit better in the third quarter than previously reported.</p>
<p>The Ifo institute said that its business confidence index declined to 90.7 points from 92.5 a month earlier.</p>
<p>Economists had forecast a drop to 90.2.</p>
<p>The drop was driven largely by a considerable worsening of companies’ expectations for the next six months.</p>
<p>Their assessment of their current situation was only slightly worse.</p>
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<p>Ifo’s survey is based on monthly responses from about 9,000 companies in various sectors.</p>
<p>Germany entered a partial shutdown on November 2, with restaurants, bars, leisure and sports facilities closing but nonessential shops and schools remaining open.</p>
<p>It was originally slated to last four weeks, but federal and state officials appear certain to extend it until shortly before Christmas on Wednesday.</p>
<p>Although German authorities hope to start vaccinations by early in the new year, it is likely to be months before all restrictions can be dropped.</p>
<p>Officials are hopeful that the overall damage from the pandemic to Germany’s economy and finances will be manageable.</p>
<p>On Tuesday, the Federal Statistical Office said that gross domestic product rebounded by 8.5% in the July-September quarter after a sharp decline during Germany’s more extensive spring shutdown.</p>
<p>The quarter-on-quarter growth figure was revised upward from an initial reading of 8.2% nearly a month ago.</p>
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