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German Ifo Business Climate Falls to Lowest Since May 2020

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Germany's business climate index fell to 84.4 points in April 2026 from the revised 86.3 points in the previous month amid the Iran war, according to data from the ifo Institute published Friday.

Analysts expected 85.7 points for the month, according to Investing.com. The latest reading marked the index's lowest level since May 2020.

Meanwhile, the current situation index stood at 85.4 points, against the prior 86.7 points and the consensus estimate of 86.2 points.

The expectations indicator declined to 83.3 points from the revised 85.9 points earlier and the market forecast of 85 points.

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