Description:

A leading economic indicator about the health of the German economy and its future expectations

Calculation:

The German IFO is divided into the present situations index and the future expectations index. The expectations index has historically been a good indicator of future industrial production within Europe.

Key Point:

The German IFO is closely monitored by economists because it is the first report to give insight about the latest month’s economic activity. While this index is solely focused on German business activity, it is correlated to the overall European economy.

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