empty
 
 

2021.07.2608:27:00UTC+00German Ifo Business Confidence Weakens In July

German business confidence weakened unexpectedly in July, reports said citing survey results from the ifo Institute on Monday.

The business sentiment index fell to 100.8 in July from a revised 101.7 in June. The score was forecast to rise to 102.1 from June's initially estimated value of 101.8.

The current conditions index rose to 100.4 from revised 99.7 a month ago. But it was below the economists' forecast of 101.6.

Meanwhile, the business expectations index dropped notably to 101.2 in July from 103.7 in the prior month. This was well below forecast of 103.3.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback