- Prior 86.4; revised to 86.3
- Current conditions 87.0 vs 88.6 expected
- Prior 88.5
- Outlook 83.5 vs 84.8 expected
- Prior 84.3; revised to 84.2
It is misses across the board as even the expectations/outlook index declined to start the year. That reaffirms the German economy is in a rough spot at the moment, with the manufacturing recession, weak consumption activity, and stubborn inflation pressures all weighing.