Indicator of business conditions in Germany, produced by the German Ifo Institute for Economic and reflecting the perspectives of development of German and European economies, amounted to 95.2 points in February compared to 95,8 points last month. However analysts predicted that figure will increase to 96.2 points.
Indicator assessment of current conditions Ifo fell in February from 91.2 points to 89.8 points in the forecast increase to 91.9 points.
At the same time, the Ifo indicator of economic expectations rose in February from 100.6 points to 100.9 points, exceeding the forecast of 100.5 points.
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