Ifo
noun
uk/ˈiːfəʊ/usECONOMICS
anorganizationat the University of Munich thatprovidesinformationabout theGermaneconomy. The word Ifo isformedfrom the words "Information" and "Forschung" (meaning"research"):
TherespectedIfoeconomicresearchinstitutesaiditsmonthlybusinessconfidenceindexfellto 97.5 inJulyfrom 99 inJune.