Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Ifo - Current Assessment fell to 111.3 in September 2013
FMPMonthlyReleased October 2013
Germany Ifo - Current Assessment fell to 111.3 in September 2013, released October 2013, down 0.1 from August's 111.4 reading. The reading matched the 111.6 consensus.
Latest Release
111.300000
Actual
111.600000
Consensus
111.400000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| DAX | ▲ Direct | +0.55 | INDEX | Bullish DE | → View |
| EUR/USD | ▲ Direct | +0.50 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/CHF | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Ifo - Current Assessment (Germany) was reported at 111.30 in September 2013. This missed the market consensus of 111.60 by 0.30. The reading fell from the previous value of 111.40. This is classified as a medium-impact indicator released on a monthly basis.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with DAX (Bullish DE). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Unemployment Rate (May 29) and Unemployed Persons (May 29).
Auto-generated from current model state · Refreshes on each release · Last update October 2013.
SHARE
Ifo - Current Assessment - DE
Loading chart data...
About Ifo - Current Assessment — Germany
DEFINITION
Ifo - Current Assessment is a widely recognized financial indicator that measures the current economic situation in Germany. It is based on a monthly survey of over 9,000 businesses in various industries, providing valuable insights into the country's economic health. The indicator is closely monitored by investors, policymakers, and analysts as it can offer valuable information on the current state of the German economy and potential future trends. Its results are considered a key factor in decision-making processes for businesses and financial markets.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Oct 2013): actual 111.3, consensus 111.6.
WHAT'S NEXT
This indicator correlates most strongly with DAX (Bullish DE, r=0.55) — a useful reference for index-focused traders.