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The headline German IFO Business Climate Index declined to 88.6 in June from 89.3 in May. This reading came in below the market expectation of 89.7. The Current Assessment Index remained unchanged at 88.3 in the same period, while the Expectations Index edged lower to 89 from 90.4. Market...
Germany’s business outlook improved much more than anticipated feeding hopes that the economy will recover from a malaise that’s turned it into the euro zone’s laggard. An expectations gauge by the Ifo institute rose to 87.5 in March from a revised 84.4 the previous month. That’s the...
German business expectations worsened for the first time since August, undermining hopes that a recovery in Europe’s biggest economy will take hold early next year. An expectations gauge by the Ifo institute fell to 84.3 in December from 85.1 the previous month. Analysts had expected a...
Germany’s business outlook improved slightly, supporting expectations for Europe’s largest economy to rebound modestly following a second recession in just over a year. An expectations index by the Ifo institute rose to 84.7 in October, up from a revised 83.1 the previous month. That...
Business sentiment in Germany weakened even further in September, the fifth consecutive month of decline, with the economic outlook remaining bleak in Europe's largest economy, according to a survey of companies. The Ifo business-climate index declined slightly to 85.7 in September from a revised...
The headline German IFO Business Climate Index declined to 87.3 in July versus last month's 88.6 and the consensus forecast of 88.0. Meanwhile, the Current Economic Assessment arrived at 91.3 points in the reported month, compared with June’s 93.7 and 93.0 anticipated. The IFO Expectations...
Business sentiment in Germany worsened in June for the second month in a row, with weakness in the manufacturing sector leading to a bleaker outlook for the German economy. The Ifo business-climate index declined to 88.5 in June from 91.5 in May, according to data from the Ifo Institute published...
Business confidence in Germany increased in November, beating expectations, as companies foresee a less severe recession than previously expected. The Ifo business-climate index rose to 86.3 points in November from a revised reading of 84.5 points in October, data from the Ifo Institute showed...
