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German Ifo Business Climate Was Flat in May

Sarah Sands
German Ifo Business Climate Was Flat in May

Are the Eurozone’s Key Economic Indicators Signaling a Change? According to a report provided by the Ifo Institute for Economic Research, the German Ifo Business Climate Index remained unchanged in May 2018 at 102.2. Although German’s business climate remained flat in May, there wasn’t any further decline in this index during the month, which signals that economic activity, investors’ sentiment, and the business climate index improved at a softer rate in May. The rising political uncertainty seems to be affecting Germany’s overall economic performance in the same month.