German IFO Business Climate Index falls to 86.6 in August vs. 86.5 expected

• German IFO Business Climate Index beats estimates 86.6 with in August.
• The IFO Current Economic Assessment Index eased to 86.5 in the reported month.

The headline German IFO Business Climate Index arrived at 86.6 in August, easing from the July figure of 87.0. The market consensus was 86.5.

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