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IFO Business Climate Index Preview -....>

GERMAN DATA
GERMAN DATA: IFO Business Climate Index Preview - 09:00GMT
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- The market is not expecting any significant changes to the IFO index for
March.
- BUSINESS CLIMATE INDEX is expected to remain at the current level
- Bloomberg Consensus: 98.5; MNI Median: 98.5 (FEB: 98.5)
- The February reading for the Business Climate Index was the weakest since Dec
2014
- CURRENT CONDITIONS INDEX is expected to deteriorate slightly in March
- Bloomberg Consensus: 102.9; MNI Median: 103; (FEB: 103.4)
- EXPECTATIONS INDEX on the other hand is expected to recover slightly in March,
according to consensus
- Bloomberg Consensus: 94; MNI Median: 93.85; (FEB: 93.8)
- Both the Business Climate Index and the Expectations Index have been declining
since Aug 2018 and running below market expectations since Nov 2018

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