Ifo economic climate index for the Eurozone declines to 112.7 in the second quarter
German Ifo Institute released its economic climate figures for the Eurozone on Tuesday. The Ifo economic climate index for the Eurozone declined to 112.7 in the second quarter from 118.9 in the first quarter. The decline was driven by a less favourable assessment of the current economic situation and slightly more sceptical business expectations.
Ifo expects the Eurozone's economy to expand 1.6% this year, while inflation is expected to be 0.8%.
|remaining time till the new event being published|
- UK gross domestic product (GDP) grew by 0.4% in the three months to October
- In December, the sentix overall index for the economy in Euro Area falls for the 4th time in a row to -0.3
- St. Louis Fed Chief James Bullard Suggests Fed Hold Rates Steady
- Fed's Brainard: Gradual Rate Increases Still Appropriate 'In the Near Term'