German business optimism eases a bit

|By:, SA News Editor

The German Ifo institute's business climate index has slipped to 110.7 in March from 111.3 in February and missed consensus of 111.

The current-situation reading rose to 115.2 from 114.4 and exceeded forecasts of 114.6, while the expectations print slipped to 106.4 from 108.3 and undershot estimates of 107.6.

The DAX is +0.8% and the euro is -0.1% at $1.383.

CESifo Web site

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