10:01 AM · 23 February 2024

BREAKING: Germany Ifo slightly above market expectations

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11 AM GMT, Ifo Index (Germany)

Expectations: 84,1 vs 84 exp. and 83.5 previously
Current situation: 86,9 vs 86.8 exp. and 87 previously
Business climate: 85.5 vs 85,5 exp. and 85.2 previously

ECB inflation expectations came in slightly higher:

1-yr horizon: 3.3% YoY 3.2% YoY previously
3-yr horizon: 2.5% in line with previously reading and higher than expected 2.4%

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