The indicator of conditions of the business environment of Germany, counted by German economic institute Ifo and reflecting prospects of development of German and European economy, has made 107,6 points for October in comparison with 106,8 points last month. Analysts, on the contrary, predicted decrease in an index to 106,5 points.
The indicator of an estimation of current conditions Ifo has raised for October с109,7 point to 110,2 points at the forecast 110,0 points.
The indicator of economic expectations Ifo has made in October 105,1 points in comparison with 103,9 points in September. Decrease in an indicator to 102,9 points was predicted.
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