Germany, Ifo index better than expected

January 25, 2012, 9:54 | di FIRSTonline editorial team | 0

The data on German business confidence went from 107,3 points in December to 108,3 points in January, going far beyond analysts' forecasts.

Surprise rooms the Ifo index of Germany. The figure, which measures the confidence of German businesses, in January he came to score 108,3 points, from 107,3 in December (itself revised up from 107,2). Analysts had instead expected a much more limited improvement, to 107,5. This was announced today by the German research institute, which produces a monthly index based on a survey involving about 7.000 companies.

FIRSTonline editorial team

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