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6 matches for " ifo expectations index":
Friday's detailed GDP data in Germany confirm that the euro area's largest economy performed strongly in the second quarter.
Yesterday's headline economic data in Germany were decent enough. Industrial output edged higher by 0.3% month-to-month in May, lifted primarily by rising production of capital and consumer goods.
Yesterday's second estimate of GDP confirmed that Eurozone growth slowed significantly in Q3.
Yesterday's inflation data in Germany were old news to markets, but the details were spectacular all the same.
German inflation data are more noise than signal at the moment.
The two main national surveys--IFO and INSEE-- both beat consensus forecasts yesterday, supporting our story of that economic sentiment is holding up relatively well in the face increasing investor anxiety. In Germany, the main IFO business climate index rose marginally to 108.5 from a revised 108.4 in August, boosted by an increase in the expectations index to a six-month high of 103.3, up from 102.0 in August. The IFO expectations index points to real GDP growth rising 0.5%-to-0.6% quarter-on-quarter in Q3.
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