German business climate improves in January as expected – Ifo

Jan 25 (Reuters) – Germany’s Ifo business climate index rose to 90.2 in January from a revised 88.6 a month ago.

The index’s value in January matched the average forecast of analysts polled by Reuters.

The Ifo Current Situation Index came in at 94.1 from a revised 94.4 in December, while analysts had expected a reading of 95.0.

The expectations index stood at 86.4 points, compared to a revised 83.2 points in December, while the forecast stood at 85.0 points.

The Ifo Index is calculated on the basis of a survey of 7,000 companies. (Reuters office in Gdansk)

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