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Ifo

 
 
/ˈiːfəʊ/ noun

Definition

ECONOMICS an organization at the University of Munich that provides information about the German economy. The word Ifo is formed from the words "Information" and "Forschung" (meaning "research"): The respected Ifo economic research institute said its monthly business confidence index fell to 97.5 in July from 99 in June.
(Definition of Ifo noun from the Cambridge Business English Dictionary © Cambridge University Press)
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