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
Aug 2017
115.9
—
116.0
Jul 2017
116.0
—
115.2
Jun 2017
115.1
—
114.6
May 2017
114.6
—
113.0
Apr 2017
112.9
—
112.4
Mar 2017
112.3
—
111.1
Feb 2017
111.0
—
109.8
Jan 2017
109.8
—
111.0
Dec 2016
111.0
—
110.4
Nov 2016
110.4
—
110.5
Oct 2016
110.5
—
109.5
Sep 2016
109.5
—
106.2
Aug 2016
106.2
—
108.3
Jul 2016
108.3
—
108.7
Jun 2016
108.7
—
107.7
May 2016
107.7
—
106.7
Apr 2016
106.6
—
106.7
Mar 2016
106.7
—
105.7
Feb 2016
105.7
—
107.3
Jan 2016
107.3
—
108.6