Economic Calendar
IFO – Business Climate
This German business sentiment index released by the CESifo Group is closely watched as an early 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).
Country:Germany
Currency:EUR
Frequency:Month
Next Event -
Previous
89.9
The typical/expected impact on EUR pairs is Medium.
Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
Most Recent -
Consensus
89
Actual
89.9
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Past Events
| Date | Time | Actual | Consensus |
|---|---|---|---|
| 24 September 2026 | 08:00 | 89.9 | 89 |
| 25 August 2026 | 08:00 | 88.8 | 87.2 |
| 27 July 2026 | 08:00 | 86.6 | 86.1 |
| 24 June 2026 | 08:00 | 85.6 | 85.6 |
| 22 May 2026 | 08:00 | 84.9 | 84.2 |
| 24 April 2026 | 08:00 | 84.4 | 85.5 |
| 25 March 2026 | 09:00 | 86.4 | 86.1 |
| 23 February 2026 | 09:00 | 88.6 | 88.4 |
| 26 January 2026 | 09:00 | 87.6 | 88.1 |
| 17 December 2025 | 09:00 | 87.6 | 88.2 |
| 24 November 2025 | 09:00 | 88.1 | 88.5 |
| 27 October 2025 | 09:00 | 88.4 | 87.8 |
| 24 September 2025 | 08:00 | 87.7 | 89.3 |
| 25 August 2025 | 08:00 | 89 | 88.6 |
| 25 July 2025 | 08:00 | 88.6 | 89 |
| 24 June 2025 | 08:00 | 88.4 | 88.3 |
| 22 May 2025 | 08:00 | 87.5 | 87.4 |
| 24 April 2025 | 08:00 | 86.9 | 85.2 |
| 25 March 2025 | 09:00 | 86.7 | 86.8 |
| 24 February 2025 | 09:00 | 85.2 | 85.8 |