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 98.1 points in March compared to 95.2 points in the previous month. However analysts predicted that figure will increase to 95.8 points.
Indicator Ifo assessment of current conditions rose from 89.8 points to 94.4 points in March while the forecast was 91.0 points.
At the same time, the indicator of economic expectations of Ifo was 101.9 points in March against 100.9 points a month earlier. Analysts speculated that the figure will not change.
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