20 September 2001, 15:09 Ifo index tomorrow to include responses made after US attacks
FRANKFURT (AFX) - Germany's keenly watched Ifo institute survey of
business confidence will contain responses made after the US terror
attacks, an Ifo institute spokeswoman said.
She said approximately 25 pct of the responses to the August survey
came after the terrorist attacks on the World Trade Center and the
Pentagon, which are expected to have a strong impact on business
confidence.
The spokesman added that Ifo is hoping to also issue these
responses separately from the main survey, which will contain the
responses made both before and after the attacks.
The Ifo index is expected to be released tomorrow at 10.00 am CET,
with the AFX consensus of economists expecting a headline business
climate index reading of 89.3 compared with 89.8 last month.
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