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Germany January Ifo business climate index 85.1 vs 84.7 expected

  • Prior 84.7
  • Current conditions 86.1 vs 85.4 expected
  • Prior 85.1
  • Expectations 84.2 vs 84.2 expected
  • Prior 84.4

German business morale unexpectedly climbs to start the new year but it’s still languishing overall. The expectations i.e. outlook reading remains poor and that’s more reflective of the pessimism surrounding the prospects in Germany right now.

This article was written by Justin Low at www.forexlive.com.

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