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Business climate in Germany rose more than expected in January, results of a survey conducted by the Munch-based Ifo Institute for Economic Research showed Tuesday.
The business climate index rose to 95.8 in January from a revised 94.6 in December, while economists had forecast a reading of 95.1.
Ifo's measure for current conditions in the country climbed to 91.2 from December's 90.4. That was a touch lower than the expected reading of 91.3.
Further, the outlook index increased to 100.6 in January from 98.9 in December and above the expected reading of 99.1.
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