German IFO Business Climate Index rises to 90.2 in January

The headline German IFO Business Climate Index advanced to 90.2 in January versus the previous reading of 88.6 and the forecast of 90.2.

Meanwhile, the Current Economic Assessment dropped to 94.1 points in the reported month as against December’s 94.4 and 95.0 expected.

The IFO Expectations Index – indicating firms’ projections for the next six months, rose to 86.4 in January from the previous month’s 83.2 and against the estimates of 85.0.