June 2018 German IFO business climate index 25 June 2018
- Prior 102.2
- Current conditions 105.1 vs 105.6 exp. Prior 106.0
- Expectations 98.6 vs 98.0 exp. Prior 98.5
Headline better than expected by a pip but still down vs May.
IFO’s Fuest says that “The tail wind enjoyed by the German economy is calming down”
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