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Guardian Stockbrokers Key Economic News Tuesday 26 September 2023

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The key points from today’s economic news, brought to you by Guardian Stockbrokers.

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German Ifo business climate index fell less than anticipated in September

In Germany, the Ifo business climate index declined to 85.70 in September, compared to a revised level of 85.80 in the previous month. Markets were expecting the index to fall to 85.20.

German Ifo current assessment index dropped less than expected in September

In Germany, the Ifo current assessment index fell to 88.70 in September, compared to a level of 89.00 in the prior month. Markets were expecting the index to drop to 88.00.

German Ifo expectations index climbed as anticipated in September

In Germany, the Ifo expectations index advanced to 82.90 in September, at par with market expectations and compared to a level of 82.70 in the previous month.

US Chicago Fed National Activity Index declined in August

In the US, the Chicago Fed National Activity Index fell to -0.16 in August, compared to a revised level of 0.07 in the previous month.

Dallas Fed manufacturing business index dropped in September

In the US, the Dallas Fed manufacturing business index dropped to a level of -18.10 in September, compared to a level of -17.20 recorded in the previous month.

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