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IFO – Current Assessment

The IFO Current Assessment released by the CESifo Group is closely watched as an indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).Review Alex Nekritin's Article - Trading Euro with IFO Report

Most recent - Wednesday 24 May 2023 08:00

Previous
95.1
Revised
95.1
Forecast
94.8
Actual
94.8

Next event - Friday 23 June 2023 08:00

Previous
94.8
Forecast
-
Actual
-

The typical/expected impact on EUR pairs is medium.

There is no forecast value for IFO – Current Assessment yet - check back for updates.

Trading range

Forecast history

The most recent announced value for IFO – Current Assessment was 94.8 against a forecast of 94.8.

Past events

Date
Forecast
Actual
Wednesday 24 May 2023 08:00
94.8
94.8
Monday 24 April 2023 08:00
96.1
95
Monday 27 March 2023 08:00
94.1
95.4
Wednesday 22 February 2023 09:00
95
93.9
Wednesday 25 January 2023 09:00
95
94.1
Monday 19 December 2022 09:00
93.5
94.4
Thursday 24 November 2022 09:00
93.8
93.1
Tuesday 25 October 2022 08:00
92.4
94.1
Monday 26 September 2022 08:00
96
94.5
Thursday 25 August 2022 08:00
96
97.5
Monday 25 July 2022 08:00
98.2
97.7
Friday 24 June 2022 08:00
99.1
99.3
Monday 23 May 2022 08:00
97.2
99.5
Monday 25 April 2022 08:00
95.8
97.2
Friday 25 March 2022 09:00
96.5
97
Tuesday 22 February 2022 09:00
96.6
98.6
Tuesday 25 January 2022 09:00
96.3
96.1
Friday 17 December 2021 09:00
97.5
96.9
Wednesday 24 November 2021 09:00
99
99
Monday 25 October 2021 08:00
99.4
100.1
Friday 24 September 2021 08:00
100.8
100.4
Wednesday 25 August 2021 08:00
100.8
101.4
Monday 26 July 2021 08:00
101.6
100.4
Thursday 24 June 2021 08:00
97.8
99.6
Tuesday 25 May 2021 08:00
95.5
95.7
Monday 26 April 2021 08:00
94.4
94.1
Friday 26 March 2021 09:00
91.3
93
Monday 22 February 2021 09:00
88.9
90.6
Monday 25 January 2021 09:00
90.6
89.2
Friday 18 December 2020 09:00
89
91.3
Tuesday 24 November 2020 09:00
87.2
90
Monday 26 October 2020 09:00
89.8
90.3
Thursday 24 September 2020 08:00
89.5
89.2
Tuesday 25 August 2020 08:00
86.9
87.9
Monday 27 July 2020 08:00
85
84.5
Wednesday 24 June 2020 08:00
84
81.3

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next IFO – Current Assessment result:

PreviousLatest
Core Harmonized Index of Consumer Prices (MoM)Bearish change1%0.2%
Core Harmonized Index of Consumer Prices (YoY)Bearish change5.6%5.3%
Harmonized Index of Consumer Prices (MoM)Bearish change0.6%0%
Harmonized Index of Consumer Prices (YoY)Bearish change7%6.1%
Unemployment RateBullish change6.6%6.5%
30-y Bond AuctionBullish change3.81%3.98%
UnemploymentBullish change7.9%7.8%
HCOB Manufacturing PMIBullish change42.943.2
HCOB Manufacturing PMIBearish change46.845.9
HCOB Manufacturing PMIBearish change4948.4
Retail Sales (MoM)Bullish change-2.4%0.8%
Retail Sales (YoY)Bullish change-8.6%-4.3%
Harmonized Index of Consumer Prices (YoY)Bearish change7.6%6.3%
Gross Domestic Product (QoQ)Bullish change0.5%0.6%
Gross Domestic Product (YoY)Bullish change1.8%1.9%
Unemployment ChangeBullish change24K9K
Unemployment Rate s.a.(no change)5.6%5.6%
Business ClimateBearish change0.510.19
Consumer Confidence(no change)-17.4-17.4
Gfk Consumer Confidence SurveyBullish change-25.8-24.2
Gross Domestic Product (QoQ)Bearish change0%-0.3%
Gross Domestic Product (YoY)Bearish change-0.1%-0.5%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%-0.2%
IFO – Business ClimateBearish change93.491.7
IFO – ExpectationsBearish change91.788.6
HCOB Composite PMIBearish change54.153.3
HCOB Manufacturing PMIBearish change45.844.6
HCOB Services PMIBearish change56.255.9
HCOB Composite PMIBullish change54.254.3
HCOB Manufacturing PMIBearish change44.542.9
HCOB Services PMIBullish change5657.8
HCOB Composite PMIBearish change52.451.4
HCOB Manufacturing PMIBullish change45.646.1
Consumer ConfidenceBullish change-17.5-17.4

About IFO – Current Assessment

Country:Germany
Currency:EUR
Source:IFO Institute
Category:Economic Activity
Frequency:Monthly

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