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25.01.201917:42 Analisis Forex & Kajian: Germany's business climate index fell to 99.1 points in January

Long-term review

According to the Ifo Research Institute, the business climate index in Germany fell from 101 points in December o 99.1 points in January, which is the lowest figure since February 2016. Analysts expected the figure to decline only to a level of 100.7 points.

As known, the business climate index in Germany is a leading index of the state of the entire European business. The data to measure business sentiment and business conditions are taken from a survey of about 7,000 German companies.

Exchange Rates 25.01.2019 analysis

Tatiana Strelkova,
Analytical expert of InstaSpot
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