German IFO Business Climate Index rebounds to 86.5 in October vs. 85.6 expected

• German IFO Business Climate Index beats estimates within October.
• The IFO Current Economic Assessment Index rose to 85.7 in the reported month.

The headline German IFO Business Climate Index rebounded to 86.5 in October from 85.4 in September. The data came in above the estimated 85.6 print.