Germany September Ifo business climate index 84.3 vs 87.0 expected

• Prior 88.5; revised to 88.6
• Expectations 75.2 vs 79.0 expected
• Prior 80.3; revised to 80.5
• Current conditions 94.5 vs 96.0 expected
• Prior 97.5

This is a stinker of a report and won't do the euro much comfort as it just reaffirms a further deterioration in economic sentiment in Europe's largest economy. As inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term continues to stay elevated, that is weighing on demand ahead of a rather bleak winter in which the energy crisis will take center stage. Sure, Germany has enough gas storage to stave off a catastrophe but a recession is already on the cards surely.