Germany: IFO for April expected to reflect the weakness - TDS

Analysts at TDS suggest that the German IFO for April is released today, and is expected to reflect the weakness seen in last week's ZEW survey for April.

Key Quotes

“We project the Current Assessment index dropping 1.3pts to 105.2, while the Expectations Index falls a sharper 1.7pts to 98.4. Note that there is heightened uncertainty over this release as the methodology will be updated, and the survey will reportedly now include the services sector.”