Published 08/26/2024 9:27:39 a.m.

ifo business climate is getting worse

Summary by Tagesschau

The German economy is once again in as bad a mood as it was last in February. The ifo Business Climate Index fell for the third time in a row. Experts are most likely to still place hope in consumption.

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Sueddeutsche Zeitung

The business climate in Germany continues to worsen

The Ifo index is falling again, and the economic barometer is falling for the third month in a row. Companies are more skeptical about the situation and prospects.

08/26/2024 10:13:58 a.m.·Stuttgart, Germany

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Quotidiano Nazionale

Business confidence above estimates of 86.6 points in Germany

The Ifo index, which measures business confidence in Germany, falls less than estimated, fell from 87 to 86.6 points in August against the 86 expected. The index on business expectations was also better than expected, down from 87 to 86.8 points against the expected 86.5, while the index on assessments of the current economic situation met the forecasts, down from 87.1 to 86.5 points.

08/26/2024 8:30:36 a.m.·Italy

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