Ifo business climate index
German CEOs’ worry lines are getting deeper. The ifo Business Climate Index fell in August from 95.8 (Revised value due to seasonal adjustment) to 94.3 points. This is its lowest level since November 2012. Companies were once again much less satisfied with their current business situation. Pessimism regarding the coming months also increased. The Ifo Business Climate Index in Germany stood at 96.1 February 2020, little-changed from the previous month's revised figure of 96.0 and above market expectations of 95.3. The business expectations sub-index rose to 93.4 from 92.9 in January, while the gauge for current conditions dropped to 98.9 from 99.2.