Source: Ifo Institute The Ifo business climate index was posted at 90.8 points in March, scaling down from 98.5 points in February, as the war in Ukraine dampened sentiment. DAX is up +0.43%, EURUSD is up +0.08%. The expectations index dropped by a record 13.3 points, exceeding the decline of 11.8 points posted at the onset of the coronavirus in March 2020.The … [Read more...] about Germany’s Ifo Business Climate Index Plummets to 90.8 Points in March
Germany
Index of Consumer Sentiment in Germany Drops the Most in Survey History in March
Source: ZEW The Economic Sentiment for Germany was recorded at minus 39.3 points in the March 2022 survey, down by 93.6 points. The decline was the highest in survey history. DAX is down -0.83%, EURUSD is up +0.50%. The economic situation also worsened, with the corresponding gauge falling by 13.3 points to minus 21.4 points.ZEW President Professor Achim Wambach says the … [Read more...] about Index of Consumer Sentiment in Germany Drops the Most in Survey History in March
