FOREX TradingCharts.com

Financial News: German Ifo Business Confidence At 3-year Low

German Ifo Business Confidence At 3-year Low

04/24/2019 - 04:56:00 (RTTNews)

(RTTNews) - Germany's business confidence unexpectedly weakened in April to its lowest level in three years, survey data from the ifo Institute showed on Wednesday.

The ifo business climate indicator dropped to 99.2 from an upwardly revised 99.7 in March. Economists had expected the index to climb to 99.9 from March's original 99.6.

The latest reading was the lowest since April 2016, when the score was 99.

The business situation index fell to 103.3 from an upwardly revised 103.9 in March. Economists had predicted a score of 103.6. The reading was the lowest since March 2017.

The expectations measure of the survey decreased to 95.2 from 95.6, while it was expected to climb to 96.

"Companies are less satisfied with their current business situation. March's gentle optimism regarding the coming months has evaporated," ifo Institute President Clemens Fuest said.

"The German economy continues to lose steam."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


New Zealand Retail Sales Volume Gains 0.7% In Q1 (53 min(s), 19 sec(s) ago)
(RTTNews) - The total volume of retail sales in New Zealand was up a seasonally adjusted 0.7 perce ...Full Story»

Japan Has Y60.402 Billion Trade Surplus (01 hr(s), 12 min(s), 19 sec(s) ago)
(RTTNews) - Japan posted a merchandise trade surplus of 60.402 billion yen in April, the Ministry ...Full Story»

Japan Core Machine Orders Jump 3.8% In March (01 hr(s), 23 min(s), 19 sec(s) ago)
(RTTNews) - The total value of core machine orders in Japan was up a seasonally adjusted 3.8 perce ...Full Story»

Japan Trade Data Due On Wednesday (03 hr(s), 33 min(s), 19 sec(s) ago)
(RTTNews) - Japan is scheduled to release April figures for imports, exports and trade balance, hi ...Full Story»

Eurozone Consumer Confidence At 7-month High In May (11 hr(s), 06 min(s), 19 sec(s) ago)
(RTTNews) - Eurozone consumer confidence rose more-than-expected in May to its highest level in se ...Full Story»

U.S. Existing Home Sales Unexpectedly Dip 0.4% In April (11 hr(s), 15 min(s), 19 sec(s) ago)
(RTTNews) - Existing home sales in the U.S. unexpectedly showed a modest decrease in the month of ...Full Story»

Capital Economics: Pick-up In German Growth Only Likely On Demand Recovery (11 hr(s), 30 min(s), 19 sec(s) ago)
(RTTNews) - Recent production slowdown in the German economy was broad-based, extending beyond the ...Full Story»

OECD Trims Global Growth Outlook On Trade Disputes (12 hr(s), 40 min(s), 19 sec(s) ago)
(RTTNews) - The Organization for Economic Co-operation and Development lowered the 2019 global gro ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

New Zealand Retail Sales Volume Gains 0.7% In Q1

05/21/2019 - 20:43 PM (RTTNews)
(RTTNews) - The total volume of retail sales in New Zealand was up a seasonally adjusted 0.7 perce ...Full Story>>

Japan Has Y60.402 Billion Trade Surplus

05/21/2019 - 20:24 PM (RTTNews)
(RTTNews) - Japan posted a merchandise trade surplus of 60.402 billion yen in April, the Ministry ...Full Story>>

Japan Core Machine Orders Jump 3.8% In March

05/21/2019 - 20:13 PM (RTTNews)
(RTTNews) - The total value of core machine orders in Japan was up a seasonally adjusted 3.8 perce ...Full Story>>

Japan Trade Data Due On Wednesday

05/21/2019 - 18:03 PM (RTTNews)
(RTTNews) - Japan is scheduled to release April figures for imports, exports and trade balance, hi ...Full Story>>

Eurozone Consumer Confidence At 7-month High In May

05/21/2019 - 10:30 AM (RTTNews)
(RTTNews) - Eurozone consumer confidence rose more-than-expected in May to its highest level in se ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.