Economic Buzz: Germany Ifo Business Confidence Weakens In July

25 Jul 2022 , 02:43 PM

Germanys business confidence deteriorated more than expected in July, survey results from Ifo Institute showed. The business confidence index came in at 88.6 in July. Both current assessment and expectations of firms deteriorated in July. The current situation index slid to 97.7. Similarly, the expectations index fell to 80.3 in July versus the expected level of 83.0.Powered by Commodity Insights