IFO – Current Assessment

The IFO Current Assessment released by the CESifo Group is closely watched as an indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).Review Alex Nekritin's Article - Trading Euro with IFO Report

Most recent - Monday 25 November 2024 09:00

Previous
85.7
Revised
-
Forecast
85.4
Actual
84.3

Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.

Next event - Monday 23 December 2024 09:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on EUR pairs is medium.

There is no forecast value for IFO – Current Assessment yet - check back for updates.

Trading range

Forecast history

The most recent announced value for IFO – Current Assessment was 84.3 against a forecast of 85.4.

Past events

Date
Forecast
Actual
Monday 25 November 2024 09:00
85.4
84.3
Friday 25 October 2024 08:00
84.4
85.7
Tuesday 24 September 2024 08:00
86.1
84.4
Monday 26 August 2024 08:00
86.5
86.5
Thursday 25 July 2024 08:00
88.5
87.1
Monday 24 June 2024 08:00
88.4
88.3
Monday 27 May 2024 08:00
89.9
88.3
Wednesday 24 April 2024 08:00
88.7
88.9
Friday 22 March 2024 09:00
86.8
88.1
Friday 23 February 2024 09:00
86.7
86.9
Thursday 25 January 2024 09:00
88.6
87
Monday 18 December 2023 09:00
89.5
88.5
Friday 24 November 2023 09:00
89.5
89.4
Wednesday 25 October 2023 08:00
88.5
89.2
Monday 25 September 2023 08:00
88
88.7
Friday 25 August 2023 08:00
90
89
Tuesday 25 July 2023 08:00
93
91.3
Monday 26 June 2023 08:00
93.5
93.7
Wednesday 24 May 2023 08:00
94.8
94.8
Monday 24 April 2023 08:00
96.1
95
Monday 27 March 2023 08:00
94.1
95.4
Wednesday 22 February 2023 09:00
95
93.9
Wednesday 25 January 2023 09:00
95
94.1
Monday 19 December 2022 09:00
93.5
94.4
Thursday 24 November 2022 09:00
93.8
93.1
Tuesday 25 October 2022 08:00
92.4
94.1
Monday 26 September 2022 08:00
96
94.5
Thursday 25 August 2022 08:00
96
97.5
Monday 25 July 2022 08:00
98.2
97.7
Friday 24 June 2022 08:00
99.1
99.3
Monday 23 May 2022 08:00
97.2
99.5
Monday 25 April 2022 08:00
95.8
97.2
Friday 25 March 2022 09:00
96.5
97
Tuesday 22 February 2022 09:00
96.6
98.6
Tuesday 25 January 2022 09:00
96.3
96.1
Friday 17 December 2021 09:00
97.5
96.9

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next IFO – Current Assessment result:

PreviousLatest
Business ClimateBullish change-0.93-0.77
Consumer ConfidenceBearish change-12.4-13.7
Economic Sentiment IndicatorBullish change95.795.8
Harmonized Index of Consumer Prices (YoY)Bullish change1.8%2.4%
GfK Consumer Confidence SurveyBearish change-18.4-23.3
IFO – Business ClimateBearish change86.585.7
IFO – ExpectationsBearish change87.387.2
HCOB Manufacturing PMIBearish change4645.2
HCOB Composite PMIBearish change5048.1
HCOB Services PMIBearish change51.649.2
HCOB Composite PMIBearish change48.647.3
HCOB Manufacturing PMIBullish change4343.2
HCOB Services PMIBearish change51.649.4
HCOB Composite PMIBearish change48.144.8
HCOB Manufacturing PMIBearish change44.543.2
HCOB Services PMIBearish change49.245.7
Gross Domestic Product (QoQ)Bearish change0.2%0.1%
Gross Domestic Product (YoY)Bearish change-0.2%-0.3%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%0.1%
Consumer ConfidenceBullish change-12.5-12.4
Producer Price Index (MoM)Bullish change-0.5%0.2%
Producer Price Index (YoY)Bullish change-1.4%-1.1%
Core Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Consumer Price Index (EU Norm) (YoY)(no change)1%1%
Consumer Price Index (YoY)(no change)0.9%0.9%
Consumer Price Index (EU norm) (YoY)Bullish change1.5%1.6%

About IFO – Current Assessment

Country:Germany
Currency:EUR
Source:IFO Institute
Category:Economic Activity
Frequency:Monthly

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