All economic indicators say that confidence in Germany is on the rise. After the Zew, which three days ago was recorded at a four-year high, today was the turn of the Ifo index which, according to the latest survey, in November it stood at 109,3 points, well beyond the expectations of economists who predicted a value of 107,7 points.
The component concerning expectations was 106,3 points against a consensus of 104,0 points, while the part concerning current conditions rose to 112,2 points, beating the expectations of insiders (111,6 points). .
