FXstreet.com (Barcelona) - German business conditions seem to have improved slightly in Germany in January, against the market consensus of a decline, according to the latest report published by the Ifo Institute.

January's Business Conditions Index has improved to a level of 103.4 in January from 103.0 in December, when market analysts had advanced a decline to 102.2, this is the second increase of the business index since July last year.

The current condition index has eased to 107.9in January from 108.1 in December, while the expectations index improved to 99.0 from 98.2 in December.