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 2014
111.2
—
110.7
Mar 2014
110.7
—
111.3
Feb 2014
111.3
—
110.6
Jan 2014
110.6
—
109.5
Dec 2013
109.5
—
109.3
Nov 2013
109.3
—
107.4
Oct 2013
107.4
—
107.7
Sep 2013
107.7
—
107.5
Aug 2013
107.6
—
106.2
Jul 2013
106.2
—
105.9
Jun 2013
105.9
—
105.7
May 2013
105.7
—
104.4
Apr 2013
104.4
—
106.7
Mar 2013
106.7
—
107.4
Feb 2013
107.4
—
104.2
Jan 2013
104.3
—
102.4
Dec 2012
102.4
—
101.4
Nov 2012
101.4
—
100.0
Oct 2012
100.0
—
101.4
Sep 2012
101.4
—
102.3