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27 May 2024
German IFO Business Climate Index eases to 89.3 in May vs. 90.3 expected
- German IFO Business Climate Index misses estimates with 89.3 in May.
- IFO Current Economic Assessment Index declines to 88.3 in the reported month.
The headline German IFO Business Climate Index arrived at 89.3 in May, a tad lower than the April figure of 89.4. The market expectation was 90.3.
more to come ....