German business sentiment deteriorated

The Ifo Business Climate indicator decreased to 106.6 points in April, while economists expected an increase to 107 points from March’s 106.7 points.

The current situation measure of the survey slid to 113.2 points from 113.8 points. Analysts expected 113.8 points.

Meanwhile, the expectations index of the survey rose to 100.4 points in April from the 100 points of March. 100.6 pointsIt was forecasted. (MTI)