German businesses are gaining confidence in the recovering economy, as the IFO survey in March surpassed expectations; the Business Climate index rose to 98.1 from 95.2 last month despite humble projections of 95.8, Current Assessment followed the same path expanding to 94.4 from the previous 89.9 whereas the forecasted figure was only 91.0. As for IFO Expectations, the reading climbed to 101.9, although it was projected to remain unchanged from previous month's 100.9.