Germany IFO – Expectations above forecasts (88) in May: Actual (88.9)

May 22, 2025

Eurozone Preliminary Manufacturing PMI rises to 49.4 in May vs. 49.3 expected

The Eurozone manufacturing sector remained in contraction, while services sector also followed suit in May, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Thursday.

German IFO Business Climate Index climbs to 87.5 in May vs. 87.4 expected

The headline German IFO Business Climate Index rose to 87.5 in May from 86.9 in April. The data came in slightly above the market forecast of 87.4.