German Ifo index rises less than expected in Sept
Published: 24 Sep 2009 00:13:31 PSTBERLIN, Sept 24 - German business sentiment rose to its highest level in a year in September but fell short of expectations for a stronger rise, a closely watched survey showed on Thursday.
The Munich-based Ifo think tank said its business climate index, based on a monthly survey of some 7,000 firms, rose to 91.3 from 90.5 in August.
A Reuters poll of 46 economists had pointed to a reading of 92.0, with forecasts ranging from 90.7 to 93.2.
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