The German business sentiment index has improved

Contrary to the expectations, the German business sentiment index of the Munich-based ifo Institute for Economic Research improved in July – according to ifo’s report sent to MTI.

In July, instead of the expected 107.2 points, the ifo business climate index in Germany increased to 108.0 points, from the 107.5 points of the previous month.

The Institute has reviewed the June value, and improved it from 107.4 points to 107.5 points. (MTI)