TheIfobusinessclimateindexforindustryandtradeinGermanyfellunexpectedlyby0.7pointsinSeptemberduetotheGermanparliamentaryelection,theMunich-basedresearchinstitute
The German think tank Ifo institute forecast on Wednesday that German economy is going to grow by 1.9 percent in 2015 and 1.8 percent in 2016.
Ifo index for the economic climate in the euro area rose to 112.7 points in the first quarter from 102.3 points in the previous quarter, the Munich-based think tank reported Thursday.
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