- Prior 91.1
- Expectations 91.2 vs 88.3 expected
- Prior 88.5; revised to 88.4
- Current conditions 95.4 vs 94.1 expected
- Prior 93.9
The Ifo index shows a decent improvement in March, with business conditions seen improving despite the banking turmoil. A recession looks less and less likely now for the German economy and that in itself is arguably helping to lift sentiment.
