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Germany, January Ifo index: business confidence at the highest level since July 2011

The figure rose to 110,6 points, from 109,5 in December – Analysts had forecast a more contained rise, to 110 points – The Ifo index of the current situation instead rose from 111,6 to 112,4 points, while that relating to expectations increased from 107,4 to 108,9.

Germany, January Ifo index: business confidence at the highest level since July 2011

in January theIfo index of Germany it rose to 110,6 points, from 109,5 in December. It's about the level highest since July 2011.

The indicator, which measures the confidence of German entrepreneurs on the basis of a monthly survey involving around 7 companies, is therefore higher than the expectations of analysts, who had forecast a more contained rise, at 110 points. 

In the same period, the Ifo index of the current situation rose from 111,6 to 112,4 points, while that relating to expectations rose from 107,4 to 108,9.

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