ifo Business Climate Index
a.k.a. ifo index, German ifo
A monthly survey of German businesses from the ifo Institute in Munich, a closely watched read on…
In plain English
A monthly survey of German businesses from the ifo Institute in Munich, a closely watched read on Europe's largest economy.
The ifo Business Climate Index asks thousands of German firms how business is now and how they expect it to be in six months.
Because Germany drives so much of eurozone output, a surprise in the ifo can move the euro.
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