Germany’s latest Business Climate Index from the ifo fell to its lowest level of the year.
Germany’s Wage Commission proposed a 6% increase to the minimum wage for 2024/25
Germany’s June ifo Business Climate Index 88.5 (expected 90.7; last 91.5). June Current Assessment 93.7 (expected 93.5; last 94.8) and Business Expectations 83.6 (expected 88.0; last 88.3)