Latest data released by Ifo – 25 May 2021
- Prior 96.8; revised to 96.6
- Current assessment 95.7 vs 95.5 expected
- Prior 94.1; revised to 94.2
- Expectations 102.9 vs 101.0 expected
- Prior 99.5; revised to 99.2
Slight delay in the release by the source. A solid beat on the headline and expectations reading as this largely reaffirms the more optimistic sentiment surrounding the German economy as we look towards 2H 2021 in particular.