Germany, IFO: German business confidence improves in March

Germany IFO German business confidence improves in March

(Finance) – The economic conditions continue to improve in Germany to March 2023, according to the latest survey conducted by the IFO Institute. L’IFO index it settled at 93.3 points from 91.1 in February, and is also higher than the 91 points of the consensus estimates. This is the fifth consecutive increase.

The index rises on current conditions which stands at 95.4 points from the previous 93.9 points against a rise to 94.1 expected by analysts.

Finally, the sub-index relating to the expectationswhich is positioned at 91.2 points from the previous 88.4, even better than the market estimates (88.3 points).

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