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IFO Business Climate Index

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)

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