Germany January Ifo business climate index 85.2 vs 86.7 expected ...Middle East

Prior 86.4; revised to 86.3Current conditions 87.0 vs 88.6 expectedPrior 88.5Outlook 83.5 vs 84.8 expectedPrior 84.3; revised to 84.2It is misses across the board as even the expectations/outlook index declined to start the year. That reaffirms the German economy is in a rough spot at the moment, with the manufacturing recession, weak consumption activity, and stubborn inflation pressures all weighing. This article was written by Justin Low at www.forexlive.com.

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