The German Ifo Business Climate Index for June 2024 fell to 88.6, below the expected 89.7 and the previous month's 89.3. The Ifo Current Assessment Index remained steady at 88.3, matching the previous month's figure but slightly below the forecast of 88.5. The Ifo Expectations Index also declined to 89.0, missing the forecast of 90.7 and down from the previous 90.4. These figures indicate a decline in business confidence in Germany.
GERMAN IFO BUSINESS CLIMATE INDEX (JUN) ACTUAL: 88.6 VS 89.3 PREVIOUS; EST 89.6
German IFO Business Climate Jun: 88.6 (est 89.6; prev 89.3) - IFO Current Assessment Jun: 88.3 (est 88.5; prev 88.3) - IFO Expectations Jun: 89.0 (est 90.7; prev 90.4)
🇩🇪 Germany German Business Expectations (Jun) $EUR Actual: 89.0 🔴 Expected: 91.0 Previous: 90.4
GERMANY JUNE IFO BUSINESS CONFIDENCE INDEX 88.6; EST. +89.7 GERMANY JUNE IFO CURRENT ASSESSMENT INDEX 88.3; EST. +88.4 GERMANY JUNE IFO EXPECTATIONS INDEX 89; EST. +91.0
Germany IFO Survey (Jun) Business Climate: 88.6 vs. 89.6 exp. (prior 89.3) Current Assessment: 88.3 vs. 88.5 exp. (prior 88.3) Expectations: 89.0 vs. 90.7 exp. (prior 90.4)
🇩🇪 Ifo Business Climate (Jun) Actual: 88.6 Expected: 89.7 Previous: 89.3 https://t.co/GdOF95vDG9
🔴 ⚠️ BREAKING: GERMAN IFO BUSINESS CLIMATE ACTUAL 88.6 (FORECAST 89.6, PREVIOUS 89.3) $MACRO
🇩🇪 Germany German Ifo Business Climate Index (Jun) $EUR Actual: 88.6 🔴 Expected: 89.4 Previous: 89.3
Germany June Ifo business climate index 88.6 vs 89.7 expected https://t.co/eMuoAw0Bzg