The Ifo Current Business Situation index reflects the assessment of current business conditions provided by German companies. This indicator is part of the Ifo Business Climate Index. A higher than expected reading is seen as favorable for the euro quotes, while lower readings are seen as negative.
Ifo Germany Current Business Situation
Last release
Actual
88.5
Forecast
86.0
Previous
86.5
Next release
Actual
Coming in 3 days
Forecast
88.3
Previous
88.5
Date (GMT)
Reference
Actual
Forecast
Previous
Dec 2009
90.4
—
89.1
Nov 2009
89.0
—
—