The Ifo Business Climate indicator for the German service sector rose once again in August. The surveyed service providers have once more reported an improved business situation over the previous month. They also anticipate a positive business development over the coming six months. The employment outlook in the service sector remains favourable.
Hans-Werner Sinn, President of the Ifo Institute for Economic Research at the University of Munich
Further Rise in the Ifo Business Climate Index Ifo Business Climate Germany - Results of the August 2010 Ifo Business Survey (25 Aug 2010) 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 in the Services is based on ca. 2,500 monthly survey responses of firms in important, especially business-oriented segments of the tertiary sector (excl. distribution, financial services, leasing, insurance and government). The survey is conducted and calculated analogously to the Ifo Business Survey in industry and trade. In comparing the various curves of the Business Climate, it must be kept in mind that for methodological reasons the results of the Business Survey in the Services are not yet seasonally adjusted. The indicator for the Business Climate in the services has not yet been incorporated into the Ifo Business Climate Index for industry and trade.
Ifo Business Survey in 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.
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