Germany Ifo Business Climate Index  1991-2018 | Data | Chart | Calendar

The Ifo Business Climate Index for Germany fell to 101.8 in June of 2018 from an upwardly revised 102.3 in May and compared to market expectations of 101.7. It is the lowest reading since May of 2017, due to a decline in the business conditions index (105.1 from 106.1) while the gauge of future expectations was flat at 98.6. Sentiment worsened among all sectors: manufacturers (23.8 from 24.1); service providers (25.9 from 27.1), traders (11.3 from 14.5) and constructors (19.4 from 20.4). Business Confidence in Germany averaged 98.03 Index Points from 1991 until 2018, reaching an all time high of 109.80 Index Points in January of 1991 and a record low of 79.90 Index Points in March of 2009.

Germany Ifo Business Climate Index
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-24 08:00 AM Ifo Business Climate 102.1 103.3 102.7 105
2018-05-25 08:00 AM Ifo Business Climate 102.2 102.2 102.7 101.9
2018-06-25 08:00 AM Ifo Business Climate 101.8 102.3 101.7 101.5
2018-07-25 08:00 AM Ifo Business Climate 101.8 102.2
2018-08-27 08:00 AM Ifo Business Climate 102.5
2018-09-24 08:00 AM Ifo Business Climate 104


Germany Business Last Previous Highest Lowest Unit
Business Confidence 101.80 102.30 109.80 79.90 Index Points [+]
Services PMI 54.50 52.10 60.30 41.30 Index Points [+]
Manufacturing PMI 55.90 56.90 63.30 32.00 [+]
Composite Pmi 54.80 53.40 59.00 50.20 Index Points [+]
Industrial Production 3.10 1.40 15.30 -21.80 percent [+]
Industrial Production Mom 2.60 -1.30 4.00 -6.90 percent [+]
Manufacturing Production 3.60 2.00 15.50 -24.10 percent [+]
Capacity Utilization 87.70 87.90 88.70 70.20 percent [+]
New Orders 109.70 105.90 114.00 8.80 Index Points [+]
Factory Orders 2.60 -1.60 27.10 -15.70 percent [+]
Changes in Inventories -5.90 -5.25 9.62 -11.40 EUR Billion [+]
Bankruptcies 1729.00 1788.00 3755.00 416.00 Companies [+]
Corporate Profits 195.17 191.47 195.17 90.99 EUR Billion [+]
Zew Economic Sentiment Index -24.70 -16.10 89.60 -63.90 [+]
Car Production 485300.00 442800.00 583399.00 265542.00 Units [+]
Car Registrations 341308.00 305057.00 552865.00 43460.00 [+]
Internet Speed 15298.72 14588.37 15298.72 3207.62 KBps [+]
IP Addresses 38794861.00 38344874.00 38794861.00 18134106.00 IP [+]
Mining Production -6.60 -5.90 46.60 -30.40 percent [+]
Steel Production 3900.00 3775.00 4744.00 907.00 Thousand Tonnes [+]
Competitiveness Index 5.65 5.57 5.65 5.37 Points [+]
Competitiveness Rank 5.00 5.00 7.00 4.00 [+]
Corruption Index 81.00 81.00 82.70 73.00 Points [+]
Corruption Rank 12.00 10.00 20.00 10.00 [+]
Ease of Doing Business 20.00 17.00 27.00 14.00 [+]


Germany Ifo Business Climate Index

In Germany, the IFO Business Climate Index measures entrepreneurs’ sentiment about current business situation and their expectations for the next 6 months. The survey is made by phone and covers 7 000 firms in manufacturing, construction, wholesaling and retailing industry. The Business Climate Balance is constructed as the difference between the percentage share of executives that are optimistic and the share that are pessimistic. This balance can take values between -100 (all responding firms assess their situation as poor and expect business to deteriorate) and +100 (all responding firms assessed their situation as good and expect an improvement in their business). For the calculation of the IFO Business Climate Index, the Balance is normalized to the average of a base year (currently 2005). This page provides the latest reported value for - Germany Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Ifo Business Climate Index - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
101.80 102.30 109.80 79.90 1991 - 2018 Index Points Monthly
2015=100, SA




business confidence by Country
Country Last
Australia 6.00 Jun/18
Brazil 49.60 Jun/18
Canada 63.10 Jun/18
China 51.50 Jun/18
Euro Area 1.39 Jun/18
France 110.00 Jun/18
Germany 101.80 Jun/18
India 59.70 Dec/17
Indonesia 106.28 Mar/18
Italy 106.90 Jun/18
Japan 21.00 Jun/18
Mexico 48.70 Jun/18
Netherlands 7.70 Jun/18
Russia -2.00 Jun/18
South Korea 80.00 Jun/18
Spain 0.20 Jun/18
Switzerland 101.70 Jun/18
Turkey 104.60 Jun/18
United Kingdom -4.00 Jun/18
United States 60.20 Jun/18


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