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A Look at the German Ifo Business Climate Index in July

Sarah Sands
A Look at the German Ifo Business Climate Index in July

According to a report provided by the Ifo Institute for Economic Research, the German Ifo Business Climate Index has weakened marginally so far in July compared to June. This index reached 101.7 in July (through July 25) compared to 101.8 in June. The index beat the market expectation of 101.5. July’s reading was the index’s lowest level since March 2017.