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Ifo Business Survey

Latest releases of our survey results of the Ifo Business Survey.

Ifo Business Climate

  1. Results of the August 2014 Ifo Business Survey

    Ifo Business Climate Index in Further Decline

    Aug 25, 2014: The Ifo Business Climate Index for industry and trade in Germany fell in August to 106.3 points from 108.0 in the previous month. The firms were again less satisfied with their current business situation. Also with regard to the further course of business, they are more sceptical than in the previous month. The German economy continues to lose steam. Details

Ifo Business Survey

  1. Results of the August 2014 Ifo Business Survey

    German Service Sector: Ifo Business Climate Indicator for Service Sector Falls

    Aug 25, 2014: The Ifo Business Climate Indicator for the German service sector declined in August to 20.1 balance points, from 22.4 in the previous month. Although the assessments of the current situation have improved significantly, the expectations for the next six months have clouded over noticeably. Nevertheless, the service companies plans to recruit clearly more additional staff. Details

  1. Credit Constraint Indicator - From the Ifo Business Survey for August 2014

    Financing Conditions in Germany Continue to be Excellent

    Aug 29, 2014: German companies continue to have easy access to bank loans. The credit constraint indicator for German industry and trade fell in August to 17.9 percent, compared with 18.2 percent the previous month. The credit constraint indicator has now been below the 20% mark for 16 months. Financing conditions for German firms continue to be excellent. Details

  1. Ifo Employment Barometer - Results of the Ifo Business Survey for August 2014

    German Firms Show Increased Willingness to Hire Despite Geopolitical Crises

    Aug 27, 2014: Despite the geopolitical tension, German companies’ propensity to hire has strengthened. The Ifo Employment Barometer for Germany rose in August to 107.0 index points, after 106.0 in July. The main driver of this development was the service sector, which is mainly domestically oriented and thus less affected by global political events. Details

Regional Evaluation for Eastern Germany

  1. Results of the Ifo Business Survey for August 2014

    Renewed Worsening of the Ifo Business Climate for Eastern Germany

    Aug 28, 2014: The Ifo Business Climate Index for industry and trade in the eastern German states fell in August from 109.0 in the previous month to 108.4 index points. The eastern German survey respondents are not as satisfied with their current situation as last month. The expectations for the future course of business, however, remain almost unchanged in August. The positive current state of the eastern German economy has become a bit cloudier in August. Details

  1. Regional evaluation for Saxony of the Ifo Business Survey in August 2014

    Positive Economic Development in Saxony with Mid-year Damper

    Sep 10, 2014: The Ifo Business Climate Index for industry and trade in Germany fell in August to 106.3 points from 108.0 in the previous month. The business climate index for the eastern German states, and for Saxony in particular, also deteriorated. As in the previous month, the climate indicator for Saxony weakened to a lesser extent in comparison to the results for Germany and eastern Germany. The Saxon companies are no longer as satisfied with their current business as in July. The business outlook, however, has improved – business expectations are clearly more favourable. The positive state of the economy in Saxony is also being dampened as a result of the ongoing international tensions. Details


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