Ifo: EMU economic climate rises to 84.8 in 1q from 83.7 in 4q

Market news

9 February 2012

Ifo: EMU economic climate rises to 84.8 in 1q from 83.7 in 4q

EMU economic climate still well below long-term average
too early to speak of general econ recovery in EMU
climate weaker in most EMU states; good in Germany, Estonia
inflation outlook lower in most states; 2012 average 2.3%
analysts see EMU mon policy easing over next six months

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