Encouraging News from the Ifo Survey? Nope.
24 Jun, by Uncategorized
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Similar to last week’s disappointing ZEW survey (see here), the German Ifo survey fell for the third time in four months in June....
Similar to last week’s disappointing ZEW survey (see here), the German Ifo survey fell for the third time in four months in June....
While the Ifo business climate appears to be hanging in there, the expectations component (light blue line)– for trade and industry as well as services– fell back quite a bit in March (not unlike the results of the ZEW Survey published last week): By sector,...