Germany: IFO – Business Climate slides to 107.4 in October

FXstreet.com (Barcelona) - According to data published on Friday by the CESifo Group, German IFO – Business Climate decreased slightly from 107.7 in September to 107.4 in October. Market consensus pointed to an increase to 108.0.

IFO – Current Assessment fell slightly to 111.3 in October, from 111.4 the previous month, against forecasts of rising to 111.6. IFO – Expectations declined to 103.6 from 104.2 and against expectations of growing to 104.5.