Germany Ifo Business Climate Index  Forecast


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Business Confidence in Germany is expected to be 116.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Germany to stand at 115.90 in 12 months time. In the long-term, the Germany Ifo Business Climate Index is projected to trend around 105.00 in 2020, according to our econometric models.


Germany Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 117 116 116 116 116 105
Services PMI 54.7 52.4 53.6 53.8 54.2 53.3
Manufacturing PMI 60.6 58.8 58.2 58 57.9 54.9
Composite Pmi 56.6 54.9 55.4 55.6 55.7 53.1
Industrial Production 3.6 3.2 3.3 3.2 3 2.2
Industrial Production Mom -1.6 0.8 -0.6 0.4 -0.7 0.6
Manufacturing Production 4.3 3 3.2 3.1 2.8 2.4
Capacity Utilization 87.1 86.2 86.4 86.4 85.02 86.2
New Orders 121 120 116 115 114 126
Factory Orders 1 2.5 -0.8 1 -1.7 0.6
Changes in Inventories -5.48 -2.89 -2.25 -1.48 -1.13 -0.06
Bankruptcies 1712 1870 1910 1890 1800 1750
Corporate Profits 189 199 202 205 207 235
Zew Economic Sentiment Index 18.7 17.5 19.2 20.2 18.8 25.3
Car Production 414100 369000 567000 522000 545000 393000
Car Registrations 272855 262000 364000 325000 308000 287000
Internet Speed 15299 15710 15650 15592 15655 14103
IP Addresses 38794861 40209948 40515022 40736836 40899654 40527892
Mining Production 9.3 0.8 1.2 1.5 1.7 1.9
Steel Production 3510 3000 3880 3720 3280 3050
Competitiveness Index 5.65 5.57 5.63 5.63 5.63 5.87
Competitiveness Rank 5 5 4 4 4 3
Corruption Index 81 82 83 83 83 85
Corruption Rank 10 9 8 8 8 7
Ease of Doing Business 20 16 15 15 15 13