The Ifo Business Climate Index reflects the current economic situation and forecasts for the next six months from the point of view of German companies. The indicator is compiled based on a survey of more than seven thousand companies. A higher than expected reading is seen as favorable for the euro quotes, while lower readings are seen as negative.
Ifo Germany Business Climate
Last release
Actual
88.8
Forecast
84.7
Previous
86.7
Next release
Actual
Coming in 3 days
Forecast
88.6
Previous
88.8
Date (GMT)
Reference
Actual
Forecast
Previous
Aug 2026
88.8
84.7
86.7
Jul 2026
86.6
—
85.7
Jun 2026
85.6
—
85.0
May 2026
84.9
—
84.5
Apr 2026
84.4
—
86.3
Mar 2026
86.4
—
88.4
Feb 2026
88.6
—
87.6
Jan 2026
87.6
—
87.6
Dec 2025
87.6
—
88.0
Nov 2025
88.1
88.5
88.4
Oct 2025
88.4
—
87.7
Sep 2025
87.7
—
88.9
Aug 2025
89.0
89.6
88.6
Jul 2025
88.6
89.0
88.4
Jun 2025
88.4
87.1
87.5
May 2025
87.5
86.5
86.9
Apr 2025
86.9
87.0
86.7
Mar 2025
86.7
86.1
85.3
Feb 2025
85.2
86.4
85.2
Jan 2025
85.1
83.4
84.7