Germany April Ifo business climate index 84.4 vs 85.5 expected
- Prior 86.4; revised to 86.3
- Current conditions 85.4 vs 86.2 expected
- Prior 86.7
- Outlook 83.3 vs 85.0 expected
- Prior 86.0; revised to 85.9
That is the lowest such reading since October 2022 as German business sentiment tumbles amid the fallout from the Middle East conflict. Adding to that, the outlook/expectations index also falls to its softest since August 2023. More to come..
This article was written by Justin Low at investinglive.com.