Germany's IFO Business Climate unexpectedly improves to 84.9 in May vs. 84.2 estimates

FXStreetMay 22, 2026 8:05 AM

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The German IFO Institute Business Climate Index has unexpectedly improved to 84.9 in May, while it was expected to arrive lower at 84.2. The sentiment data in April has revised higher to 84.5 from 84.4.

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