Germany’s business sentiment unexpectedly slipped in November, signaling renewed pessimism among companies as Europe’s largest economy struggles to regain momentum after two consecutive years of contraction. The Ifo Institute reported that its closely watched business climate index declined to 88.1 in November, down from 88.4 in October and below analysts’ …
Read More »Germany PMI: Momentum fades as manufacturing slips back, services cool
Germany’s private-sector expansion lost steam in November, with factory output contracting again and services growth easing, flash survey data showed Friday. Composite PMI (HCOB/S&P Global): 52.1 vs 53.9 in October — a two-month low, but above the 50 growth threshold for a sixth straight month. Manufacturing PMI: 48.4 vs 49.6 …
Read More »Germany’s Business Sentiment Shows Early Signs of Recovery
The latest Ifo Business Climate Index (BCI) suggests that the German economy may be stabilizing after months of weakness. The index rose to 88.4 in October, up from 87.7 in September, in line with market expectations of 88.0. The improvement was driven by stronger business expectations, signaling growing optimism about …
Read More »German Business Sentiment Shows Modest Improvement in July, But Falls Short of Expectations
Economic Outlook Remains Subdued Germany’s IFO Business Climate Index rose slightly in July, signaling a marginal improvement in business sentiment, but the results still fell short of market expectations. The headline index rose to 88.6 from 88.4 in June, missing the consensus forecast of 89, indicating that business sentiment remains …
Read More »German Industrial Production Surpasses Expectations in May Despite Recent Slowdowns
German industrial production showed a stronger-than-expected rebound in May, driven by the automotive sector and energy production, as reported by the federal statistics office on Monday. The data highlighted a 1.2% increase in production compared to the previous month, significantly exceeding analysts’ forecast of no growth. This uptick in output …
Read More »German IFO Business Climate Index Improves, EUR/USD Holds Small Gains
Germany’s IFO Business Climate Index for June showed a slight improvement, rising to 88.4, up from 87.5 in May, surpassing market expectations of 88.3. This reflects a modest rebound in business sentiment, suggesting businesses remain cautiously optimistic about the economic outlook. However, the Current Economic Assessment Index saw only a …
Read More »German IFO Business Climate Index declines in September
The main German IFO Business Climate Index fell to 85.7 in September, down from 85.8 in August. This number was slightly higher than the market forecast of 85.2. The Current Economic Assessment fell to 88.7 from 89.0 in the same time, but the Expectations Index, which measures firms’ expectations for …
Read More »German IFO Business Climate Index rises to 90.2 in January
The headline German IFO Business Climate Index advanced to 90.2 in January versus the previous reading of 88.6 and the forecast of 90.2. Meanwhile, the Current Economic Assessment dropped to 94.1 points in the reported month as against December’s 94.4 and 95.0 expected. The IFO Expectations Index – indicating firms’ …
Read More »German IFO Business Climate Index ticks higher to 88.6 in December
The headline German IFO Business Climate Index climbed to 88.6 in December versus the previous reading of 86.3 and the forecast of 87.2. Meanwhile, the Current Economic Assessment improved to 94.4 points in the reported month as against November’s 93.1 and 93.5 expected. The IFO Expectations Index – indicating firms’ projections …
Read More »German IFO Business Climate Index improves to 86.3 in November
The headline German IFO Business Climate Index climbed to 86.3 in November versus the previous reading of 84.5 and the market consensus of 85.0. Meanwhile, the Current Economic Assessment improved to 93.1 points in the reported month when compared to October’s 84.2 and 93.8 expected. The IFO Expectations Index – …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations