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
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
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