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FX.co ★ Germany's business climate index fell to 99.1 points in January

Germany's business climate index fell to 99.1 points in January

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.

Germany's business climate index fell to 99.1 points in January

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