Ifo World Economic Survey
Since 1981 the Ifo Institute has conducted a quarterly survey in numerous countries on business cycle developments and other economic factors in the experts' home countries.
Results of the Ifo World Economic Survey (WES) of 4th quarter 2013 (13 Nov 2013)
Nov 13, 2013: After dropping slightly in the last quarter, the Ifo Indicator for the world economic climate rose again somewhat. While assessments of the current economic situation were only fractionally more positive, the six-month economic outlook, by contrast, was clearly more optimistic. The world economy is edging closer towards a recovery. Details
Advance results of the Ifo World Economic Survey (WES) of 4th quarter 2013 (06 Nov 2013)
Nov 6, 2013: The Ifo Indicator for the economic climate in the euro area continued to rise this quarter and exceeded its long-term average for the first time since the end of 2011. Although the current economic situation in the euro area brightened slightly, assessments remain unfavourable. High unemployment, public budget deficits and weak demand continue to plague several countries. The economic outlook for the next six months, on the other hand, is considerably more optimistic than three months ago. Expectations are at their highest level in almost three years. However, the strong result is primarily due to reports from Germany, which is of great importance as the biggest country in the euro area. The divide between the Northern and Southern economies of the euro area has widened. Details
WES is a quarterly survey conducted in co-operation with the International Chamber of Commerce in Paris (ICC) and receives financial support from the European Commission.
The Ifo World Economic Survey (WES) is designed to give an accurate picture of the economic situation and forecasts for important industrial, emerging and developing economies on a quarterly basis. Unlike the official statistics, which are primarily constructed around quantitative information, WES consists of qualitative information: appraisals and expectations of economic experts. Whereas the official statistics on the international level often appear after considerable delays, the WES results are timely and internationally comparable. Especially in countries where the data base of the official statistics is insecure, the appraisals and expectations expressed by on-site economic experts in the WES survey are of particular importance.
The survey relies on the participation of economic experts of multinational firms and institutions. Participants receive an exclusive, comprehensive report of the results. If you are interested in participating in the business surveys of the Ifo Institute, please contact Ms. Johanna Plenk. For further information, contact Dr. Gernot Nerb.