In March, every component of the IFO index, which gauges the confidence of German investors, performed better than expected by economist consensus. The index score for expectations was 87.5, surpassing the expected 84.7. In February, the index was revised to 84.4. The index score for the current situation was 88.1, exceeding the expected 86.8. In February, the score was 86.9. The business environment index reading was 87.8, higher than the expected 85.9