25 Mar 2015
German IFO Business Climate Index inches upwards
FXStreet (Mumbai) - The German Ifo Business Climate Index for industry and trade in Germany rose to 107.9 points in February from 106.8 points last month. The actual data beat the expectation of 107.3 points.
Satisfaction with the current business situation rose slightly, matching the estimate of 112.00 points, and up from 111.3 points last month. The businesses also expressed greater confidence in future, which is evident from the Expectations index rising to 103.9 points, beating the estimate of 103.00 points, and up from 102.5 points last month.
Satisfaction with the current business situation rose slightly, matching the estimate of 112.00 points, and up from 111.3 points last month. The businesses also expressed greater confidence in future, which is evident from the Expectations index rising to 103.9 points, beating the estimate of 103.00 points, and up from 102.5 points last month.