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 - Wednesday 24 April 2024 08:00

Previous
88.1
Revised
-
Forecast
88.7
Actual
88.9

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

Next event - Monday 20 May 2024 08:00

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 88.9 against a forecast of 88.7.

Past events

Date
Forecast
Actual
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
Wednesday 24 November 2021 09:00
99
99
Monday 25 October 2021 08:00
99.4
100.1
Friday 24 September 2021 08:00
100.8
100.4
Wednesday 25 August 2021 08:00
100.8
101.4
Monday 26 July 2021 08:00
101.6
100.4
Thursday 24 June 2021 08:00
97.8
99.6
Tuesday 25 May 2021 08:00
95.5
95.7
Monday 26 April 2021 08:00
94.4
94.1

Economic context

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

PreviousLatest
IFO – Business ClimateBullish change87.989.4
IFO – ExpectationsBullish change87.789.9
HCOB Composite PMIBullish change50.351.4
HCOB Manufacturing PMIBearish change46.145.6
HCOB Services PMIBullish change51.552.9
HCOB Composite PMIBullish change47.750.5
HCOB Manufacturing PMIBullish change41.942.2
HCOB Services PMIBullish change50.153.3
HCOB Composite PMIBullish change48.349.9
HCOB Manufacturing PMIBearish change46.244.9
HCOB Services PMIBullish change48.350.5
Consumer ConfidenceBullish change-14.9-14.7
Producer Price Index (MoM)Bullish change-0.4%0.2%
Producer Price Index (YoY)Bullish change-4.1%-2.9%
Core Harmonized Index of Consumer Prices (MoM)(no change)1.1%1.1%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.9%2.9%
Harmonized Index of Consumer Prices (MoM)(no change)0.8%0.8%
ZEW Survey – Current SituationBullish change-80.5-79.2
ZEW Survey – Economic SentimentBullish change31.742.9
ZEW Survey – Economic SentimentBullish change33.543.9
Consumer Price Index (EU Norm) (YoY)Bearish change1.3%1.2%
Consumer Price Index (YoY)Bearish change1.3%1.2%
Industrial Production s.a. (MoM)Bullish change-3%0.8%
Harmonized Index of Consumer Prices (YoY)Bullish change3.2%3.3%
Consumer Price Index (EU norm) (YoY)(no change)2.4%2.4%
Harmonized Index of Consumer Prices (MoM)(no change)0.6%0.6%
Harmonized Index of Consumer Prices (YoY)(no change)2.3%2.3%

About IFO – Current Assessment

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

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