German IFO Business Climate Index. Germany, 10:00 (GMT+2)


IFO Indicator of Business Climate for April is due at 10:00 (GMT+2). The index is based on a survey of managers of 7 thousand manufacturing enterprises, the construction sector, wholesale and retail trade. At the same time, an assessment of the current business situation and expectations for the next 6 months is carried out. It is expected that in April the indicator will grow from 90.8 to 94.2 points. The implementation of the forecast may give support to EUR.





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