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German business sentiment unexpectedly deteriorates in April, says Ifo

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Christian Fernsby ▼ | April 24, 2019
German business sentiment unexpectedly deteriorated in April, according to a widely-followed survey released on Wednesday.
Germany seaport
Europe   The Ifo's business climate index fell to 99.2 from an upwardly-revised 99.7
The Ifo's business climate index fell to 99.2 from an upwardly-revised 99.7 in March, missing expectations for a reading of 99.9.

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.


 

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