Ifo Germany Business Climate

Country: Germany, EUR
Importance: Medium
Sector: Business
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
Dec 2019
96.3
94.3
Nov 2019
95.0
93.3
Oct 2019
94.6
93.1
Sep 2019
94.6
94.6
Aug 2019
94.3
95.7
Jul 2019
95.7
96.7
Jun 2019
97.4
99.3
May 2019
97.9
99.3
Apr 2019
99.2
99.0
Mar 2019
99.6
98.7
Feb 2019
98.5
100.0
Jan 2019
99.1
101.4
Dec 2018
101.0
102.3
Nov 2018
102.0
103.2
Oct 2018
102.8
Sep 2018
103.7
Aug 2018
103.8
Jul 2018
101.7
Jun 2018
101.8
May 2018
102.2

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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