The ifo German business sentiment index strengthened slightly

The business sentiment index of the Ifo Economic Research Institute in Germany increased more than expected in September; economic opinion on the current situation has improved, but the index of expectations has deteriorated further.

The ifo sentiment index decreased to a nearly seven-year low in August.
The Munich-based institute announced on Tuesday that the September index had improved to 94.6 points from the 94.3 points of August, the lowest since November 2012. (MTI)