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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 November 2014 Ifo Business Survey

    Ifo Business Climate Index Rises

    Nov 24, 2014: The Ifo Business Climate Index for industry and trade in Germany rose in November to 104.7 points from 103.2 points in October. The business climate previously deteriorated six times in a row. Assessments of the current business situation are slightly more favourable than last month. Expectations with regard to the months ahead are also brighter. The downturn in the German economy has ground to a halt for the moment at least. Details

Ifo Business Survey

  1. Results of the November 2014 Ifo Business Survey

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

    Nov 24, 2014: The Ifo Business Climate Indicator for the German service sector fell in November to 19.3 balance points, from 23.8 points in the previous month. Service providers slightly scaled back their assessments of the current business situation, which nevertheless remained very good. They are also somewhat less optimistic about future business developments. Service providers still plan to recruit additional staff, but their willingness to do so fell to its lowest level in over a year. Details

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

    Credit Constraints Rise Slightly, But Financing Opportunities Remain Excellent for German Companies

    Nov 28, 2014: Many firms still have no problems accessing bank credit, but credit constraints for German trade and industry rose to 18.3 percent in November from 17.7 percent last month. The ECB’s October bank stress test currently appears to be having no impact on bank lending in Germany. Details

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

    Firms Far More Reticent About Recruiting

    Nov 26, 2014: Only isolated German companies plan to recruit more staff. The Ifo Employment Barometer fell to 105.4 index points in November, after 106.9 points in October. For the moment there is only a slightly positive employment dynamic. Details

Regional Evaluation for Eastern Germany

  1. Results of the Ifo Business Survey for November 2014

    Decline in the Ifo Business Climate Index for Eastern Germany Grinds to Halt for Now

    Nov 27, 2014: The Ifo Business Climate for Eastern German trade and industry improved slightly, after deteriorating for four consecutive months. Eastern German companies are more satisfied with their current business situation than last month. However, unfavourable business expectations worsened for the months ahead. November offers at least temporary respite for Eastern Germany’s flagging economy. Details

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

    Saxon Economy Comes Under Strong Pressure in Second Half of Year

    Nov 10, 2014: The Ifo Business Climate Index for German trade and industry fell by 1.5 index points in October, reaching its lowest level since December 2012. In line with this development, the climate indicators for the Eastern German Länder and the Free State of Saxony also deteriorated. The recent decline in the business climate index in Saxony was due to less favourable assessments of future business developments by the companies surveyed. Saxon survey participants are more satisfied, by contrast, with their current business situation. The lasting decline in the Ifo Business Climate Index for Saxon trade and industry can nevertheless be seen as a sign that the positive overall economic development in the first six months of 2014 will not be sustained for the rest of the year. Details


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