{"id":357,"date":"2024-07-29T04:40:59","date_gmt":"2024-07-29T04:40:59","guid":{"rendered":"https:\/\/timesofgerman.com\/german-ifo-business-climate-index-drops-to-87-0-in-july-vs-88-9-expected\/"},"modified":"2024-07-29T04:40:59","modified_gmt":"2024-07-29T04:40:59","slug":"german-ifo-business-climate-index-drops-to-87-0-in-july-vs-88-9-expected","status":"publish","type":"post","link":"https:\/\/timesofgerman.com\/en\/german-ifo-business-climate-index-drops-to-87-0-in-july-vs-88-9-expected\/","title":{"rendered":"German IFO Business Climate Index drops to 87.0 in July vs. 88.9 expected"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"content\">\n<ul>\n<li><strong>German IFO Business Climate Index missed\u00a0estimates with 87.0 in July.<\/strong><\/li>\n<li><strong>The IFO Current Economic Assessment Index declined to 87.1 in the reported month.<\/strong><\/li>\n<\/ul>\n<p>The headline German IFO Business Climate Index came in at 87.0 in July, falling sharply from the June figure of 88.6. The market <a data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">forecast<\/a> was 88.9.<\/p>\n<p>Meanwhile, the Current Economic Assessment Index declined from 88.3 in June to 87.1 in the same period, missing the expected 88.5 print.<\/p>\n<p>The IFO Expectations Index \u2013 indicating firms\u2019 projections for the next six months, also dropped to 86.9 \u00a0in July vs. 88.8\u00a0in June and 89.0 expected.<\/p>\n<h2 class=\"fxs_headline_medium\">Market reaction to the German IFO&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fxstreet.com\/amp\/news\/german-ifo-business-climate-index-drops-to-870-in-july-vs-889-expected-202407250801\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German IFO Business Climate Index missed\u00a0estimates with 87.0 in July. The IFO Current Economic Assessment Index declined to 87.1 in the reported month. The headline German IFO Business Climate Index came in at 87.0 in July, falling sharply from the June figure of 88.6. The market forecast was 88.9. Meanwhile, the Current Economic Assessment Index [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[260,262,46,261],"class_list":{"0":"post-357","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business","7":"tag-economicindicator","8":"tag-eurusd","9":"tag-germany","10":"tag-sentiment"},"_links":{"self":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts\/357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/comments?post=357"}],"version-history":[{"count":0,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts\/357\/revisions"}],"wp:attachment":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/media?parent=357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/categories?post=357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/tags?post=357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}