Germany: IFO – Business Climate down to 104.4 in April

FXstreet.com (Barcelona) - According to data published on Wednesday by the CESifo Group, German IFO – Business Climate decreased from 106.7 in March to 104.4 in April. Market consensus pointed to less decrease to 106.2.

IFO – Current Assessment fell to 107.2 in April, versus 109.9 the previous month, against forecasts of dropping just to 109.5. IFO – Expectations slid to 101.6 from 103.6 and below expectations of declining to 103.0.