🇩🇪#German Business Climate Drops More than Expected

The #Ifo Business Climate indicator for Germany fell to 92.3 in June of 2022 from a 3-month high of 93 in the previous month, below market expectations of 92.9.

Both current conditions (99.3 vs 99.5 in May) and expectations (85.8 vs 96.9) deteriorated.
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🇩🇪L'indice tedesco #IFO Business Climate Index è sceso bruscamente a 92,3 a giugno rispetto al 93,0 del mese scorso e alle stime di consenso di 92,9.