Germany July Ifo business climate index 87.3 vs 88.0 expected | Forexlive

• Prior 88.5; revised to 88.6
• Expectations 83.5 vs 83.4 expected
• Prior 83.6; revised to 83.8
• Current conditions 91.3 vs 93.0 expected
• Prior 93.7

That’s the lowest reading since November last year as German business conditions stutter and are deteriorating further to start Q3. Alongside the PMI data this week, it’s not a good look at how things are faring ahead of the summer.