EURLowEUR — German ifo Business Climate
What it means
The German ifo Business Climate is a monthly survey of firms in Germany’s manufacturing, construction, trade and services sectors. It combines their assessment of current business conditions with expectations for the next six months. The index is a sentiment indicator: it does not measure GDP or industrial output directly. Markets compare the headline with the forecast and review the current-situation and expectations components, which can point in different directions. The survey is useful as a timely signal for German and euro-area business conditions, but should be read with production, orders and purchasing-manager data.
Latest release
- Actual
- 90.2
- Forecast
- 90.0
- Previous
- 89.9
Upcoming release
- Actual
- —
- Forecast
- —
- Previous
- —
Actual vs Forecast
Numeric release values from the past six months.
ActualForecast
Release history
Past six months, newest first.
| Date | Time | Actual | Forecast | Previous |
|---|---|---|---|---|
| 09:00 | 90.2 | 90.0 | 89.9 | |
| 08:00 | 89.9 | 89.1 | 88.8 | |
| 08:00 | 88.8 | 87.2 | 86.7 | |
| 08:00 | 86.6 | 86.1 | 85.7 | |
| 08:00 | 85.6 | 85.6 | 85.0 | |
| 08:00 | 84.9 | 84.2 | 84.5 |