Carstensen on Ifo Survey

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Aug. 25 (Bloomberg) -- Kai Carstensen, an economist at the Ifo Institute, talks about the unexpected rise in German business confidence in August. The Munich-based Ifo institute said its business climate index, based on a survey of 7,000 executives, increased to 106.7 from 106.2 in July. That’s the fourth straight monthly increase and the highest level since June 2007. Carstensen speaks from Munich with Maryam Nemazee on Bloomberg Television's "The Pulse." (Source: Bloomberg)

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