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Ifo Business Climate Index

The Ifo Business Climate Index is a highly-regarded early indicator of economic developments in Germany published on a monthly basis. Detailed results of the Ifo Business Survey are published in the ifo Konjunkturperspektiven (in German) and a summary (in German) is available online.

Current results

  1. Results of the January 2016 Ifo Business Survey

    Ifo Business Climate Index Drops Markedly

    Jan 25, 2016: Sentiment among German businesses weakened at the beginning of the year. The Ifo Business Climate Index for German industry and trade fell to just 107.3 points in January from 108.6 points (This figure was revised due to the seasonal adjustment) in December. Assessments of the current business situation were scaled back slightly, but remained very good. Business expectations, by contrast, clouded over significantly. The year started with an unpleasant surprise for the German economy. Details

Next publication date

  1. Internet publication date of the Ifo Business Climate Index: 23 February 2016 10:30 AM CET

    Results of the Ifo Business Survey are available as of 10:00 a.m. CET via the news agencies and as of 10:30 a.m. CET here. Details

Detailed results of the Ifo Business Survey

ifo Konjunkturperspektiven

Ifo Konjunkturperspektiven is a monthly, German-language journal presenting the current results of the Ifo Business Survey in graphs, tables and descriptive analyses. read on ifo Konjunkturperspektiven

Ifo Business Survey in Brief (Summary)

A summary of the results of the Ifo Business Survey is published in German in the journal ifo Schnelldienst. To help non-German speakers to stay informed on the survey results of the Ifo Institute, we present a translation of this article. read on Ifo Business Survey in Brief (Summary)

Information on the Ifo Business Climate Index

Calculating the Ifo Business Climate

How the Ifo Business Climate Index is calculated with an example to illustrate how the balance values are calculated. read on Calculating the Ifo Business Climate

Seasonal Adjustment in the Ifo Business Survey

Seasonal adjustment procedures are methods of eliminating annually recurring patterns in time series. The seasonal adjustment is a fundamental component of the calculation of the results series of the Ifo Business Survey. As of January 2015, the Ifo Institute is adopting the internationally widespread X-13ARIMA-SEATS procedure developed by the U.S. Census Bureau. This will bring Ifo’s seasonal adjustment procedure into line with international standards. read on Seasonal Adjustment in the Ifo Business Survey

Publications on the forecasting quality of the Ifo Business Climate Index

The Ifo Business Climate is a much considered indicator for the economic evolution in Germany. It is again and again the subject of scientific analyses in which the different qualities of the business climate are examined. read on Publications on the forecasting quality of the Ifo Business Climate Index

Contact

Dr. Klaus Wohlrabe

Ifo Institute
Ifo Center for Business Cycle Analysis and Surveys
Phone: +49(0)89/9224-1229
Fax: +49(0)89/9224-1463
Email: wohlrabe @ ifo.de
Website


Short URL: www.ifo.de/w/44XzkSm3W