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”

Ryan Littlestone
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