German Ifo Business Climate Index
The German IFO Business Climate Index is a forward-looking indicator of business prospects in Germany. It rests on a survey of more than 9000 leaders of German businesses. In the survey, the respondents are asked questions about their views on the current state of their business and their expectations for the next 6 months. The Index is estimated in the range from -100 (extremely pessimistic) to +100 (extremely optimistic).
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