Forex
globalreutersMay 27, 20241 Mins read
Germany May Ifo business climate index 89.3 vs 90.4 expected
globalreutersMay 27, 20241 Mins read - Prior 89.4; revised to 89.3
- Current conditions 88.3 vs 89.8 expected
- Prior 88.9
- Expectations 90.4 vs 90.9 expected
- Prior 89.9; revised to 89.7
The readings are softer than estimated, with the headline index matching the April reading after the revision. The expectations/outlook index continues to point to improved fortunes though, so that’s one positive takeaway from the report.
This article was written by Justin Low at www.forexlive.com.
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