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Euroland: Worst Ifo Since 1993

Discussion in 'Fundamental Analysis' started by ActionForex.com, Nov 24, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The German Ifo disappointed yet again. The climate index dropped sharply from 90.2 to 85.8 in November (consensus 87.7, DB 87.0). It consequently declined for the sixth month in a row and it is now at the lowest since February 1993. Germany is already in recession and Ifo signals a...

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