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Ifo readings from Germany weaker than expected. DE30 gains slightly

10:16 AM 24 November 2023

Germany, Ifo readings from November 2023

  • Expectations: 85,2 vs 85,8 exp. and 84,7 previously
  • Current conditions:: 89,4 vs 89,5 exp. and 89.2 previously
  • Business climate: 87.3 vs 87.5 exp. and 86.9 previously

Ifo is better than October readings but still much below analysts expectations.

DE30 gains slightly after Ifo readings. Source: xStation5

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