Germany July Ifo business climate index 87.3 vs 88.0 expected
<ul><li>Prior 88.5; revised to 88.6</li><li>Expectations 83.5 vs 83.4 expected</li><li>Prior 83.6; revised to 83.8</li><li>Current conditions 91.3 vs 93.0 expected</li><li>Prior 93.7</li></ul><p>That's the lowest reading since November last year as German business conditions stutter and are deteriorating further to start Q3. Alongside the PMI data this week, it's not a good look at how things are faring ahead of the summer.</p>
This article was written by Justin Low at www.forexlive.com.
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