Open Demo Account
Home / Market Update / A Sudden Drop in The IFO Business Climate Index in Germany

A Sudden Drop in The IFO Business Climate Index in Germany

Adel 26 July, 2021 3:12 pm Market Update

A survey showed on Monday that the IFO index of business confidence recorded a surprise decline in July, as concerns about the supply chain persisted and amid a rise in Coronavirus infections.

The Ifo institute said its business climate index fell to 100.8 from 101.7 after being revised in June. A Reuters poll indicated a reading of 102.1 in July.

Tags

Check Also

Bitcoin Ascends as Fed Acknowledges Crypto’s Place in Banking

Bitcoin (BTC) experienced a notable price surge, exceeding $105,000, after the Federal Reserve opted to …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends