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 2011
108.7
—
112.9
Jul 2011
112.9
—
114.5
Jun 2011
114.5
—
114.2
May 2011
114.2
—
110.4
Apr 2011
114.2
—
111.1
Mar 2011
111.1
—
111.2
Feb 2011
111.3
—
110.3
Jan 2011
110.3
—
109.9
Dec 2010
109.8
—
109.3
Nov 2010
109.3
—
107.6
Oct 2010
107.7
—
106.8
Sep 2010
106.9
—
106.7
Aug 2010
106.8
—
106.2
Jul 2010
106.3
—
101.8
Jun 2010
101.9
—
101.5
May 2010
101.6
—
101.6
Apr 2010
101.8
—
98.2
Mar 2010
98.3
—
95.2
Feb 2010
95.4
—
95.8
Jan 2010
95.9
—
94.7