German IFO Business Climate Index improves to 85.2 in February vs. 85.8 expected

• German IFO Business Climate Index misses estimates with in February.
• The IFO Current Economic Assessment Index fell to 85 in the reported month.

The headline German IFO Business Climate Index ticked a tad higher to 85.2 in February from 85.1 in January. The data came in below the market expectations of 85.8.

more to come ...