Ifo Business Climate Index. Germany, 10:00 (GMT+2) 22 May

22May.202509:00

Ifo Business Climate Index. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the May Ifo Business Climate Index for Germany from the Institute for Economic Research will be published, based on a survey of the CEOs of 7.0K enterprises in the manufacturing industry, the construction sector, wholesale and retail trade. A correction from 86.9 points to 87.5 points is expected, which, in turn, may support the exchange rate of the European currency.

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22 May. 2025 09:00

Business Expectations Index. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the May Business Expectations Index for Germany will be published, which measures business sentiment and business conditions in the country through a survey of representatives of 7.0 thousand companies. The indicator is likely to rise from 87.4 points to 88.3 points, supporting the exchange rate of the European currency.

22 May. 2025 09:00

Manufacturing and Services PMIs. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), May data on Manufacturing and Services business activity indices in the Eurozone will be released. The indicators are calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries while assessing their attitude to the current economic situation and the prospects for its further development. The Manufacturing PMI is likely to adjust from 49.0 points to 49.3 points, and the Services PMI — from 51.0 points to 50.6 points.

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