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

The Ifo Business Climate Index for Germany rose 2.1 points from a month earlier to 103.8 in August 2018, easily beating market expectations of 101.9. It was the highest reading since February, as the gauge of future expectations climbed 3 points to 101.2 and the current business conditions sub-index moved up 1 point to 106.4. Sentiment improved among manufacturers (up 1.8 points to 24.3), service providers (up 5.6 points to 32.3), wholesalers & retailers (up 0.1 points to 10.6), and constructors (up 2.6 points to a record 30.0). Business Confidence in Germany averaged 98.06 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 80 Index Points in March of 2009.

Germany Ifo Business Climate Index
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Calendar GMT Actual Previous Consensus TEForecast
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 101.7 101.8 101.5 100.9
2018-08-27 08:00 AM Ifo Business Climate 103.8 101.7 101.9 102.5
2018-09-24 08:00 AM Ifo Business Climate 103.8 104
2018-10-25 08:00 AM Ifo Business Climate 103.6
2018-11-26 09:00 AM Ifo Business Climate 103.2


Germany Business Last Previous Highest Lowest Unit
Business Confidence 103.80 101.70 109.80 80.00 Index Points [+]
Services PMI 55.00 54.10 60.30 41.30 Index Points [+]
Manufacturing PMI 55.90 56.90 63.30 32.00 [+]
Composite Pmi 55.60 55.00 59.00 50.20 Index Points [+]
Industrial Production 1.10 2.70 15.30 -21.80 percent [+]
Industrial Production Mom -1.10 -0.70 4.00 -6.90 percent [+]
Manufacturing Production 0.60 3.30 15.50 -24.10 percent [+]
Capacity Utilization 87.70 87.70 88.70 70.20 percent [+]
New Orders 104.60 105.60 113.80 8.80 Index Points [+]
Factory Orders -0.90 -3.90 27.10 -15.70 percent [+]
Changes in Inventories 3.19 -2.92 9.68 -11.34 EUR Billion [+]
Bankruptcies 1603.00 1616.00 3755.00 416.00 Companies [+]
Corporate Profits 201.20 198.20 201.20 91.05 EUR Billion [+]
Zew Economic Sentiment Index -10.60 -13.70 89.60 -63.90 [+]
Car Production 369841.00 358800.00 583399.00 265542.00 Units [+]
Car Registrations 316405.00 317848.00 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 -6.10 0.30 46.60 -30.40 percent [+]
Steel Production 3900.00 3770.00 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
103.80 101.70 109.80 80.00 1991 - 2018 Index Points Monthly
2015=100, SA




business confidence by Country
Country Last
Australia 4.00 Aug/18
Brazil 53.30 Aug/18
Canada 61.90 Aug/18
China 51.30 Aug/18
Euro Area 1.22 Aug/18
France 110.00 Aug/18
Germany 103.80 Aug/18
India 59.70 Dec/17
Indonesia 112.82 Jun/18
Italy 104.80 Aug/18
Japan 21.00 Jun/18
Mexico 51.30 Aug/18
Netherlands 5.90 Aug/18
Russia -3.00 Aug/18
Saudi Arabia 3.00 Jun/16
Singapore 7.00 Jun/18
South Africa 38.00 Sep/18
South Korea 73.00 Aug/18
Spain -4.30 Aug/18
Switzerland 100.30 Aug/18
Turkey 96.40 Aug/18
United Kingdom -3.00 Sep/18
United States 61.30 Aug/18


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