Germany November Ifo business climate index 87.3 vs 87.5 expected | Forexlive

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  • Prior 86.9
  • Current conditions 89.4 vs 89.5 expected
  • Prior 89.2
  • Expectations 85.2 vs 85.7 expected
  • Prior 84.7; revised to 84.8

The readings are an improvement to October even if they do miss on estimates slightly. It at least reaffirms that German business morale isn’t worsening in November and that is a welcome development amid all the recent pessimism surrounding Europe’s largest economy as of late.

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