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Germany August Ifo business climate index 89.0 vs 88.6 expected

  • Prior 88.6
  • Current conditions 86.4 vs 86.7 expected
  • Prior 86.5
  • Expectations 91.6 vs 90.3 expected
  • Prior 90.7; revised to 90.8

German business sentiment held up this month, helped by a boost in the expectations/outlook index. The manufacturing sector is showing some resilience in Q3 and that’s feeding through to the overall economy. And despite the initial disappointment to the US-EU trade deal, market sentiment is stabilising.

This article was written by Justin Low at investinglive.com.

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