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Germany, Ifo index: business confidence grows in June

The data from the Ifo Institute on German business confidence in June rose to 105,9 points from 105,7 in May – The figure is substantially consistent with operators' expectations.

Germany, Ifo index: business confidence grows in June

The Ifo index on the German business confidence climate for the month of June was published today, which stands at 105,9 points, an increase compared to the previous survey (105,7 in May), but substantially the line with analysts' expectations.

The Ifo Institute also announced that in June the index relating to current conditions was equal to 109,4 points, slightly below the 109,6 expected by the market, while the index referring to future expectations stood at to 102,5 points, over the 102 estimated by the consensus.

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