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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
GERMAN DATA
MNI (London)
GERMANY FEB IFO BUSINESS CLIMATE 91.1 (FCST 91.2); JAN 90.1r
GERMANY FEB IFO CURRENT COND 93.9 (FCST 95.0); JAN 94.1
GERMANY FEB IFO EXPECTATIONS 88.5 (FCST 88.4); JAN 86.4
- The German IFO survey saw modest improvements in February.
- The indexes were up one point on the business climate index and up 2.1 points in expectations, largely in line with consensus expectations. Overall, optimistic outlooks are driving improvements.
- The IFO current assessment was weaker than anticipated, edging down by 0.2 points, highlighting that the economy continues to face significant headwinds.
- Services was boosted in particular by hospitality and tourism.
- Manufacturing sentiment was the highest since May 2022, as rebounding expectations outweighed the further weakening in new orders.
- Easing inflation and lower energy prices (aided by government price caps) are boosting 2023 outlooks. Easing China restrictions should improve export demand for Germany, which has been a key downward driver in factory orders over the past months.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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