business climate

European economy, In Europe 28th March 2023

German business confidence rises in March to 93.3 from February’s 91.1

Bankinter | IFO Business Climate Survey (March) 93.3 vs 91.0 expected and 91.1 previous. Expectations 91.1 vs 88.3 expected and 88.5 previous. Current Situation 95.4 vs 94.1 expected and 93.9 previous. Analysis: The data bring a positive surprise. However, in the current context, the IFO is less influential. This week the focus is on the financial sector and inflation data in Europe. The downside is that solid economic data give…

In Europe 24th June 2014

German Ifo business climate falls to 6-month low

MADRID | The Corner | The much-awaited German Ifo Business Climate Index for industry and trade fell to a seasonally adjusted 109.7 points this month, below forecasts for 110.2 and down from 110.4 in May. Although the country’s firms still make positive assessments of the current business situation, the Munich-based institution explained in a press release on Tuesday, they feel less optimistic about the future. And fear the potential impact of the crises in the Ukraine and Iraq.