What happened
Actual 90.2 came in above forecast 90. Previous was 89.9, now higher than that.
What it means
How confident people or companies feel about the future. When confidence rises, spending and investment usually rise too.
High impact · 🇩🇪 EUR · Latest releaseGuide
Germany Ifo Business Climate
Released · Oct
Actual90.2
Forecast90
Previous89.9
Next release
All times are shown in your own time zone.
What is this news
This is an important data release for the EUR economy, released by Ifo Institute. Released by Ifo Institute. This comes every month.
How important it is
Traders watch whether the economy is running faster or slower than expected, because this can change interest rate expectations. This is a High impact event on FxGram: EUR pairs often see sharp moves at this time.
What this data does
Generally, if the data comes in better than forecast, it is seen as a sign of economic strength; if weaker, the opposite.
This is just general knowledge (textbook), not a prediction for this release. The market may react differently. This is not buy-sell advice.
Previous releases
| Date | Actual | Forecast | Previous |
|---|---|---|---|
| Oct | 90.2 | 90 | 89.9 |
| Sep | 89.9 | 89 | 88.8 |
| Aug | 88.8 | 87.2 | 86.7 |
| Jul | 86.6 | 86 | 85.7 |
| Jun | 85.6 | 85.6 | 85 |
| May | 84.9 | 84.2 | 84.5 |
| Apr | 84.4 | 85.5 | 86.3 |
| Mar | 86.4 | 86.1 | 88.4 |
| Feb | 88.6 | 88.4 | 87.6 |
| Jan | 87.6 | 88.1 | 87.6 |
| Dec | 87.6 | 88.2 | 88 |
| Nov | 88.1 | 88.5 | 88.4 |
| Oct | 88.4 | 88 | 87.7 |
| Sep | 87.7 | 89.3 | 88.9 |
| Aug | 89 | 88.6 | 88.6 |
Data: Ifo Institute, via TradingView economic calendar.
See full calendar