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German IFO Business Climate Index Disappoints With 95.9 in Jan, EUR/USD Hits Fresh Lows


Monday, 27 January 2020 16:41 WIB

Ekonomi JermanGerman Ifo Business Climate


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The headline German IFO Business Climate Index came in at 95.9 in January, weaker than last month's 96.3 and missing the consensus estimates pointing to a reading of 97.0.

Meanwhile, the Current Economic Assessment arrived at 99.7 points in the reported month as compared to last month's 98.8 and 99.2 anticipated.

On the other hand, the IFO Expectations Index – indicating firms’ projections for the next six months, came in at 92.9 for Jan, down from previous month’s 93.8 reading and missed market expectations of 95.0.

Source :  FxStreet


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