German business sentiment unexpectedly deteriorates in April, says IfoChristian Fernsby ▼ | April 24, 2019
German business sentiment unexpectedly deteriorated in April, according to a widely-followed survey released on Wednesday.
Europe The Ifo's business climate index fell to 99.2 from an upwardly-revised 99.7
Meanwhile, the current assessment index came in at 103.3 in April from 103.9 the month before, falling short of expectations for a reading of 103.6.
The index measuring expectations for the next six months declined to 95.2 from 95.6, versus a forecast of 96.1. ■