Germany: IFO – Business Climate down to 106.7 in March

FXstreet.com (Barcelona) - According to data published on Friday by the CESifo Group, German IFO – Business Climate decreased slightly from 107.4 in February to 106.7 in March. Market consensus pointed to an increase to 107.6.

IFO – Current Assessment fell to 109.9 in March, versus 110.2 the previous month, against forecasts of rising to 110.4. IFO – Expectations slid a notch to 103.6 from 104.6 and against expectations of growing to 104.9.