BERLIN (Reuters) -German business morale improved for the third month in a row in November, though by slightly less than expected, a survey showed on Friday.
The Ifo institute said its business climate index stood at 87.3 versus the 87.5 reading forecast by analysts in a Reuters poll.
Companies were somewhat more satisfied in November than in the previous month with their current business situation, with the sub-index rising to 89.4 in November from 89.2 in October.
The expectations sub-index also improved to 85.2 from an upwardly revised 84.8 the month prior.
(Reporting by Miranda Murray, Editing by Rachel More and Linda Pasquini)
