Ifo Germany Business Climate

Country: Germany, EUR
Importance:
Medium
Sector: Business
Last release
Actual
87.6
Forecast
Previous
88.0
Date (GMT)
Reference
Actual
Forecast
Aug 2007
105.8
Jul 2007
106.4
Jun 2007
107.0
May 2007
108.6
Apr 2007
108.6
Mar 2007
107.7
Feb 2007
107.0

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.

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