Germany Sept IFO business climate 115.2 vs 116.00 exp

Germany Sept IFO readings now published 25 Sept

  • 115.7 prev revised down from 115.9
  • expectations 107.4 vs 108.00 exp vs 107.9 prev
  • current assessment 123.6 vs 124.7 exp vs 124.6 prev

The German Ifo Business Climate Index rates the current German business climate and measures expectations for the next six months. It is a composite index based on a survey of manufacturers, builders, wholesalers and retailers. The index is compiled by the Ifo Institute for Economic Research

The expectations report is for 6 months out.

EURUSD a tad lower at 1.1904 on the softer readings .

                                             German IFO business climate mm

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