Germany's business confidence declined more than expected in March, reports said citing a monthly survey from Ifo institute on Tuesday.
The business sentiment index dropped to 110.7 from 111.3 in February, when the score was expected to fall to 110.9.
Meanwhile, assessment of current conditions improved to 115.2 from 114.4 in the prior month. Economists had forecast the index to rise marginally to 114.5.
The expectations index fell to 106.4 in March from 108.3 a month ago. The score was seen at 107.7.
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