The Ifo Business Climate Indicator in the German service sector rose in May. Compared to last month assessments of the current business situation were clearly more positive. The service providers surveyed were also slightly more optimistic about their six-month business outlook once again. This is reflected in their employment plans, which remain expansive.
Hans-Werner Sinn, President of the Ifo Institute
Ifo Business Climate Index Falls Sharply Ifo Business Climate Germany - Results of the May 2012 Ifo Business Survey (24 May 2012) Document Size: ca. 100 kb
Ifo Business Climate in the German Services Sector (from May 2001) (Long time-series of the Ifo Business Climate in the German Services Sector and its two components, the present situation and the expectations) The table is in Excel-format for facilitating further processing by the user.
Long time series of the Ifo Business Climate for the Service Sector Document Size: ca. 40 kb
The Ifo Business Survey of the service sector is based on ca. 2,500 monthly survey responses from firms in key segments of the tertiary sector, especially business-oriented segments (excl. distribution, financial services, leasing, insurance and government). The survey is conducted and calculated in the same way as the Ifo Business Survey of industry and trade. In comparing the various curves of the Business Climate indicator, it is important to remember that, for methodological reasons, the results of the Business Survey of the service sector are not yet seasonally adjusted. The indicator for the Business Climate of the service sector has not yet been incorporated into the Ifo Business Climate Index for industry and trade.
Ifo Business Survey of the German Services Sector: Design and Methodology
To find out how the Ifo Business Climate Index is calculated and its forecasting quality please click here.
are published in ifo Konjunkturperspektiven. A summary is published as "Results of the Ifo Business Survey" (Archive) in ifo Schnelldienst.
22 Jun 2012 10:30 AM CEST 25 Jul 2012 10:30 AM CEST 27 Aug 2012 10:30 AM CEST
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