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 2024
89.4
88.8
87.9
Mar 2024
87.8
86.3
85.7
Feb 2024
85.5
85.3
85.2
Jan 2024
85.2
85.2
86.3
Dec 2023
86.4
87.0
87.2
Nov 2023
87.3
86.2
86.9
Oct 2023
86.9
85.6
85.8
Sep 2023
85.7
86.4
85.8
Aug 2023
85.7
87.8
87.4
Jul 2023
87.3
90.0
88.6
Jun 2023
88.5
92.5
91.5
May 2023
91.7
93.4
93.4
Apr 2023
93.6
92.1
93.2
Mar 2023
93.3
90.5
91.1
Feb 2023
91.1
89.3
90.1
Jan 2023
90.2
87.3
88.6
Dec 2022
88.6
85.2
86.4
Nov 2022
86.3
84.2
84.5
Oct 2022
84.3
86.3
84.4
Sep 2022
84.3
88.4
88.6