- 107.4 previously
- IFO current conditions 109.9 vs 110.4 exp 110.2 prev
- IFO expectations 103.6 vs 104.9 exp 104.60 prev
- first fall in 5 months
EURUSD lower at 1.2895 on the weaker reading
- IFO economist sees GDP growth
- says survey was 85% completed before latest cyprus problems