IFO index: German mind-blowing recovery continues

IFO index: German mind-blowing recovery continues

In July, the Ifo index broke another record maximum, demonstrating that the strong revival of German economy will move on.

The Ifo index, Germany’s most prominent leading indicator, added for the sixth month in a row, hitting another all-time maximum in July. It’s currently showing 116.0, soaring from June’s outcome of 115.1. Both the hopes and current assessment component demonstrated a drastic improvement.

The given acceleration in the German economy is not only the outcome of sturdy private as well as public consumption, but it’s also provoked by a sudden industrial recovery and stronger investment. Nearly unnoticed, the industry has shifted from being sluggish to surprisingly buoyant.

It feels like investment might pick up over the course of 2017. In fact, the combination of firm orders and low inventories appears to be as positive as in mid-2006 and also late-2010. Meanwhile, capacity utilization has leapt to the highest value since late 2008.



Latest news

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera