Reuters: Market News: German Ifo business climate improves unexpectedly

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German Ifo business climate improves unexpectedly Mar 26th 2012, 08:06 BERLIN, March 26 | Mon Mar 26, 2012 4:06am EDT BERLIN, March 26 (Reuters) - German business sentiment rose unexpectedly for the fifth month in a row in March in a sign that Europe's largest economy continues to play in a league of its own and outpaces other euro zone members. The Munich-based Ifo think tank said on Monday its business climate index, based on a monthly survey of some 7,000 companies, rose to 109.8 in March from a revised reported 109.7 in February. A Reuters poll of 51 economists forecast the index would stay steady at an originally reported 109.6 in March.

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