{"id":68953,"date":"2022-07-25T13:28:57","date_gmt":"2022-07-25T09:28:57","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=68953"},"modified":"2022-07-25T13:28:59","modified_gmt":"2022-07-25T09:28:59","slug":"german-ifo-business-climate-index-plunges-to-88-6-in-july","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/german-ifo-business-climate-index-plunges-to-88-6-in-july\/07\/25\/market-updates\/","title":{"rendered":"German IFO Business Climate Index plunges to 88.6 in July"},"content":{"rendered":"\n<p>The headline German IFO Business Climate Index plunged to 88.6 in July versus last month&#8217;s 92.2&nbsp;and the consensus estimates of 90.5.<\/p>\n\n\n\n<p>Meanwhile, the Current Economic Assessment dropped to 97.7 points\u00a0in the reported month as compared to June&#8217;s 99.4 and 98.2 anticipated. The IFO Expectations Index \u2013 indicating firms\u2019 projections for the next six months,\u00a0fell sharply to 80.3 in July from the previous month\u2019s 85.5 reading and the market forecast of 83.0.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The headline German IFO Business Climate Index plunged to 88.6 in July versus last month&#8217;s 92.2&nbsp;and the consensus estimates of 90.5. Meanwhile, the Current Economic Assessment dropped to 97.7 points\u00a0in the reported month as compared to June&#8217;s 99.4 and 98.2 anticipated. The IFO Expectations Index \u2013 indicating firms\u2019 projections for the next six months,\u00a0fell sharply &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30717,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6839,5867],"class_list":["post-68953","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-germany","tag-ifo"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=68953"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68953\/revisions"}],"predecessor-version":[{"id":68954,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68953\/revisions\/68954"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30717"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=68953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=68953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=68953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}