Germany: IFO – Business Climate climbs to 111.3 in February

FXStreet (Barcelona) - According to data published on Monday by the CESifo Group, German IFO – Business Climate increased from 110.6 in January to 111.3 in February. Market consensus pointed to no change.

IFO – Current Assessment rose to 114.4 in February, versus 112.4 the previous month, above forecasts of growing to 112.8. IFO – Expectations slid to 108.3 from 108.9 and slightly above expectations of dropping to 108.2.