Germany June Ifo business climate index 88.6 vs 89.7 expected

  • Latest data released by Ifo - 24 June 2024
DEIFO
  • Prior 89.3
  • Current conditions 88.3 vs 88.5 expected
  • Prior 88.3
  • Expectations 89.0 vs 91.0 expected
  • Prior 90.4; revised to 90.3

Slight delay in the release by the source. The German business climate declined in June, missing on estimates in all three readings. That's not a good sign on how economic sentiment is holding up towards the end of Q2. And that is arguably not helped by the recent political woes in the region.

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