BERLIN, Sept 24 (Reuters) - German business sentiment rose in September as companies took a better view of current conditions but their expectations deteriorated as Europe’s largest economy teeters on the brink of recession, a survey showed on Tuesday.
The Ifo institute said its business climate index rose to 94.6 from 94.3 in August. The September reading compared with a consensus forecast for 94.4.
“The downturn is taking a breather,” Ifo President Clemens Fuest said in a statement. (Writing by Paul Carrel Editing by Thomas Seythal)