Press releases of the CESifo Group.
Latest press releases
Credit Constraint Indicator - From the Ifo Business Survey for February 2014
Feb 28, 2014: Credit constraints for German trade and industry plunged to a new historic low. The previous record low reached in December 2013 was undercut by 0.6 percentage points this month. At present only 18.6% of the companies surveyed report restrictive access to bank credit. Financing conditions for German companies remain excellent. Details
Feb 28, 2014: The Munich-based Ifo Institute has appointed Harald Schultz as its new press officer. Prior to joining Ifo the 55-year old worked as a freelancer in Berlin, primarily for ZEIT Online, as well as for the KircherBurkhardt Agency for in-house corporate magazines. He was previously Business News Department Head at the news agency dapd. Details
Feb 27, 2014: According to the results of the current Ifo Investment Survey, German industry invested around 57 billion euros in new tangible assets in 2013. This represented a nominal (and real) increase of 3% in investment versus 2012. Based on companies’ reported plans a 9% nominal increase (real: around 8%) in investment by industry can be expected in 2014. Around 66% of manufacturers intend to increase their investment expenditure in 2014, while 30% plan to invest less than last year. The remaining 4% of survey participants plan no change in investment volumes in 2014 versus 2013. Details
Results of the Ifo Business Survey for February 2014
Feb 27, 2014: The Ifo Business Climate Index for Eastern German trade and industry rose sharply in February. The current business situation improved considerably compared to last month. Survey participants in the Eastern German Länder expect their future business developments to be considerably more favourable. The Eastern German economy moved up a gear this month. Details