Ifo: German business climate improves in March - Breaking The News
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Ifo: German business climate improves in March

EPA-EFE/FOCKE STRANGMANN

The Business Climate Index for Germany stood at 86.7 in March, representing a monthly rise of 1.4 points, a report from the Munich-based Institute for Economic Research (Ifo) showed on Tuesday.

The Current Assessment Index increased by 0.7 points on a monthly basis, reaching 85.7. The Expectations Index grew from 85.6 registered in February to 87.7 in March.

"The German economy is hoping for an improvement," the Ifo commented.

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