Germany: IFO – Business Climate improves to 105.7 in May

FXstreet.com (Barcelona) - According to data published on Friday by the CESifo Group, German IFO – Business Climate increased from 104.4 in April to 105.7 in May. Market consensus pointed less growth to 104.5.

IFO – Current Assessment climbed to 110.0 in May, from 107.3 the previous month, against projections of sliding to 107.2. IFO – Expectations remained unchanged at 101.6, as forecasted.