FXstreet.com (Barcelona) - Business expectations in Germany have decreased slightly in October from September but yet reaching somewhat higher than expected, according to data by the Ifo economic research institute.

The business index decreased to 103.9 in October from 104.2 in September, a higher than the 103.7 reading expected by the market. The expectations index eased to 98.6 in October from 98.7 in September, while the current situation index decreased to 109.6 from 109.9 in September.