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3/26, 10:03 AM (Source: TeleTrader)
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Ifo: German business climate improves in March

German business climate was improved in March, the Institute for Economic Research (Ifo) stated on Friday. The Business Climate Index stood at 96.6, up from 92.4 in February and exceeding expectations of around 93.2.

Meanwhile, the Current Economic Assessment Index for March was reported at 93, compared to 90.6 in February and beating estimates of 91.3. The Expectations Index jumped to 100.4 from 95 the previous month and higher than the forecasts, which predicted no change from February.

Breaking the News / DJ