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BREAKING: Ifo sentiment in Germany higher than expected

8:03 AM 25 October 2023

German Ifo Institute released a new set of its indices today at 9:00 am BST. The headline business climate index came better thant expected such as other subindices from the report.

German IFO indices for October

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  • Business Climate: 86.9 vs 85.9 expected (85.7 previously)
  • Current conditions: 89.2 vs 88.5 expected (88.7 previously)
  • Expectations: 84.7 vs 83.3 expected (82.9 previously)

source: xStation 5

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