The Ifo said the firms in manufacturing and exports continue to expect a very unfavorable business development, while the wholesalers and retailers regard their present situation as well as their outlook less negatively than in December.
Economists expected German business confidence will fall to 81,the median of 37 forecasts in a Bloomberg News survey shows.
The unexpected rise may have been caused by the European Central Bank lowering its interest rates and the government doubling its economic stimulus package to fight the recession, according to the local media.
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