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👤Arthur Greene
🕔November 24, 2016
German business morale remain unchanged in November, a survey showed on Thursday, suggesting company executives are still optimistic about the growth prospects for Europe’s largest economy despite growing political uncertainties.
The Munich-based Ifo economic institute said its business climate index, based on a monthly survey of some 7,000 firms, was unchanged at 110.4 in November after a slight downward revision to 110.4 from 110.5 previously reported in October.…
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German Ifo Business Climate Fell to 6-Month Low
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👤Xinyang
🕔August 25, 2016
News Event
From Trading Economics: The Ifo Business Climate Index for Germany fell sharply to 106.2 in August 2016 from 108.3 in the previous month, way below market expectations of 108.5. It was the lowest reading since February this year, as the mood among manufacturers, wholesalers and retailers deteriorated while constructors’ sentiment remained unchanged.…
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👤Arthur Greene
🕔July 25, 2016
- IFO shocks analysts and investors
- Optimism for the Euro
The unexpected German business sentiment slump in July from a seven month high in June signifies that Europe’s largest economy has proven itself resilient to the after effects of the UK referendum.…
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