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
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
Aug 2007
105.8
—
106.4
Jul 2007
106.4
—
107.0
Jun 2007
107.0
—
108.6
May 2007
108.6
—
108.6
Apr 2007
108.6
—
107.7
Mar 2007
107.7
—
107.0
Feb 2007
107.0
—
—