News Formal

German IFO Business Climate Index eases to 89.3 in May vs. 90.3 expected

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

Germany Nyheter

Economicindicator,Sentiment,EURUSD

The headline German IFO Business Climate Index arrived at 89.3 in May, a tad lower than the April figure of 89.4.

German IFO Business Climate Index misses estimates with 89.3 in May. IFO Current Economic Assessment Index declines to 88.3 in the reported month. The market expectation was 90.3. Meanwhile, the Current Economic Assessment Index dipped from 88.9 in April to 88.3 in the same period, missing estimates of 89.9. The IFO Expectations Index – indicating firms’ projections for the next six months, rose to 90.4 in May vs. 89.7 in April but fell short of the market consensus of 90.5.

Market reaction to the German IFO Survey EUR/USDfails to react to the downbeat German IFO survey. At the time of writing, the pair is trading almost unchanged at 1.0845 amid holiday-thinned light trading. About German IFO The headline IFO business climate index was rebased and recalibrated in May after the IFO Research Institute changed the series from the base year of 2000 to the base year of 2005 as of May 2011 and then changed series to include services as of May 2018.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 14. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

SEC climate rule is a lose-lose for companies and climate leadershipWhile a reasonable framework for disclosure of material climate risks and emissions makes sense, the SEC has overreached with this climate rule.
Källa: dcexaminer - 🏆 6. / 94 Läs mer »