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Financial News: German Business Confidence Improves In October

German Business Confidence Improves In October

10/25/2017 - 04:20:00 (RTTNews)

(RTTNews) - Germany's business confidence improved in October, reports said citing survey results from Ifo Institute on Wednesday.

The business confidence index rose unexpectedly to 116.7 from revised 115.3 in the previous month. The expected reading was 115.0.

At the same time, the current conditions index came in at 124.8, above the forecast of 123.5. Likewise, the expectations indicator climbed to 109.1 compared to the expected level of 107.3.

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