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
87.6
Forecast
—
Previous
88.0
Date (GMT)
Reference
Actual
Forecast
Previous
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
Dec 2009
94.5
—
93.9
Nov 2009
93.8
—
91.3
Oct 2009
91.9
—
92.0
Sep 2009
91.4
—
90.5
Aug 2009
90.6
—
87.4
Jul 2009
87.5
—
85.9
Jun 2009
86.1
—
84.2
May 2009
84.4
—
83.7