Definition: Released by the IFO Institute for Economic Research in Munich, this index serves as a leading indicator for the German economy.
Description: The IFO Business Climate Index is based on a monthly survey of German firms about the current and future business climate in Germany. The index is based on a benchmark of 100.
Influence: An increase may indicate a strengthening of the euro.
Market Impact: Medium
Released: Monthly around the 25th to 27th at 08:00 GMT
Source: IFO Institute for Economic Research (Munich)