HomeBlogUncategorizedGermany August Ifo business climate index 89.0 vs 88.6 expected

Germany August Ifo business climate index 89.0 vs 88.6 expected

Prior 88.6Current conditions 86.4 vs 86.7 expectedPrior 86.5Expectations 91.6 vs 90.3 expectedPrior 90.7; revised to 90.8

German business sentiment held up this month, helped by a boost in the expectations/outlook index. The manufacturing sector is showing some resilience in Q3 and that’s feeding through to the overall economy. And despite the initial disappointment to the US-EU trade deal, market sentiment is stabilising.

This article was written by Justin Low at investinglive.com.


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