HomeBlogUncategorizedGermany July Ifo business climate index 88.6 vs 89.0 expected

Germany July Ifo business climate index 88.6 vs 89.0 expected

Prior 88.4Current conditions 87.8 vs 86.7 expectedPrior 86.2Expectations 90.7 vs 91.1 expectedPrior 90.7; revised to 90.6

The headline reading shows a marginal improvement to June with the outlook reading also reflecting a similar rise. The current conditions estimate did see a modest increase, reaffirming more upbeat sentiment going into Q3. Overall, there is still optimism surrounding the German economy amid fiscal hopes but Trump tariffs will remain a potential headwind – if not already as evident by the Volkswagen earnings for Q2 today.

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


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