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 2024
84.7
84.9
85.6
Nov 2024
85.7
88.4
86.5
Oct 2024
86.5
83.8
85.4
Sep 2024
85.4
88.3
86.6
Aug 2024
86.6
85.4
87.0
Jul 2024
87.0
87.0
88.6
Jun 2024
88.6
89.5
89.3
May 2024
89.3
89.9
89.3
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