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
85.6
Forecast
—
Previous
85.0
Next release
Actual
Coming in 21 days
Forecast
84.7
Previous
85.6
Date (GMT)
Reference
Actual
Forecast
Previous
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
Aug 2022
88.5
90.3
88.7
Jul 2022
88.6
92.5
92.2
Jun 2022
92.3
92.3
93.0
May 2022
93.0
91.2
91.9
Apr 2022
91.8
94.7
90.8
Mar 2022
90.8
97.2
98.5
Feb 2022
98.9
95.1
96.0
Jan 2022
95.7
95.5
94.8
Dec 2021
94.7
97.0
96.6
Nov 2021
96.5
98.2
97.7
Oct 2021
97.7
99.0
98.9
Sep 2021
98.8
100.0
99.6
Aug 2021
99.4
101.2
100.7
Jul 2021
100.8
100.5
101.7