MW :German Aug. Ifo index rises more than expected
LONDON (MarketWatch) -- The Ifo Institute's index of German business confidence rose to 90.5 in August, up from 87.3 in July and surpassing expectations for a rise to 88.8, news reports said. The Ifo current conditions index rose to 86.1 in August from a reading of 84.3 the previous month. The expectations gauge jumped to 95.0 from 90.4 in July.
