Home Germany: IFO index confirms negative tone – TDS

Germany: IFO index confirms negative tone – TDS

Updated: 24 Apr. 2019 | 12:17

According to analysts at TD Securities, the German IFO index has confirmed their downside lean, and echoed the negative tone seen in last week’s ZEW and PMI surveys.

Key Quotes

“The Current Assessment index fell to 103.3 and the Expectations Index fell to 95.2. The deterioration in the latter comes after March’s data showed an improvement.”

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