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
Apr 2009
83.8
—
82.1
Mar 2009
82.3
—
82.6
Feb 2009
82.9
—
83.0
Jan 2009
83.0
—
82.6
Dec 2008
82.3
—
85.8
Nov 2008
85.8
—
90.2
Oct 2008
90.2
—
92.9
Sep 2008
92.9
—
94.8
Aug 2008
94.8
—
97.5
Jul 2008
97.5
—
101.3
Jun 2008
101.3
—
103.5
May 2008
103.5
—
102.4
Apr 2008
102.4
—
104.8
Mar 2008
104.8
—
104.1
Feb 2008
104.1
—
103.4
Jan 2008
103.4
—
103.0
Dec 2007
103.0
—
104.2
Nov 2007
104.2
—
103.9
Oct 2007
103.9
—
104.2
Sep 2007
104.2
—
105.8