October 2018 German IFO business climate index 25 October 2018

  • Prior 103.7
  • Current conditions 105.9 vs 106.0 exp. Prior 106.4. Revised to 106.6
  • Expectations 99.8 vs 100.3 exp. Prior 101.1. Revised to 100.9

Lower all round.

IFO says;

  • Firms were less satisfied with their current business situation and less optimistic about the months ahead
  • Growing global uncertainty is increasingly taking its toll on the German economy

 

Ryan Littlestone

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