ifo Business Climate Index for Germany — 24 June 2022
ifo Business Climate Index Falls (June 2022)
Sentiment in German business has clouded over. The ifo Business Climate Index fell to 92.3 points in June, down from 93.0 points in May. Companies were somewhat less satisfied with their current business situation. Their expectations turned markedly more pessimistic. The threat of gas shortages is of great concern to the German economy.