German Investor Confidence Surges Beyond Expectations in March: IFO Index Results

Germany’s IFO Index Exceeded Expectations in March

In March, the IFO index, which measures the confidence of German investors, exceeded the expectations of economists across all components. The index score for expectations was 87.5, higher than the expected 84.7 and revised from 84.4 in February. The index for the current situation was also 88.1, surpassing the estimated 86.8 and previously recorded 86.9 in February. Additionally, the business environment index read 87.8, higher than the anticipated 85.9 and previous 85.7 in February

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