Germany: IFO Business Climate deteriorates in July

FXStreet (Łódź) - Germany’s IFO – Business Climate fell to 108 in July, from 109.7 in June, the CESifo Group informed on Friday. Analysts expected less decrease to 109.4.

IFO – Current assessment declined to 112.9 from 114.8, below forecasts of dropping to 114.5. IFO – Expectations slid to 103.4 from 104.8, below consensus of a 104.5 result.