Germany Ifo Business Climate Index - Forecast

Business Confidence in Germany is expected to be 102.70 Index Points 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 103.20 in 12 months time. In the long-term, the Germany Ifo Business Climate Index is projected to trend around 100.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Germany Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence 104 103 103 104 103 100
Services PMI 55.9 54.9 54.6 55.1 54.6 53.3
Manufacturing PMI 53.7 56.3 55.9 56.4 55.5 54.9
Composite Pmi 55 55.9 55.5 55.9 55.2 53.1
Industrial Production -0.1 2.5 2.9 3.2 2.9 2.2
Industrial Production Mom -0.3 0.9 -0.3 0.5 -0.6 0.6
Manufacturing Production -0.8 2.6 3 2.8 2.5 2.4
Capacity Utilization 87.7 86.8 86.7 86.6 86.6 86.2
New Orders 107 105 106 107 107 111
Factory Orders 2 0.6 -0.6 0.9 -2 0.6
Changes in Inventories 3.19 -5.66 -0.25 -0.55 -0.87 -1.02
Bankruptcies 1641 1830 1890 1850 1810 1750
Corporate Profits 201 211 214 216 218 235
Zew Economic Sentiment Index -10.6 5.1 10.5 18.8 20 25
Car Production 401800 375000 572000 528000 556000 393000
Car Registrations 200134 269000 368000 332000 316200 287000
Internet Speed 15299 16819 17001 17090 17254 18203
IP Addresses 38794861 43368195 43415303 44341927 44369122 48098428
Mining Production -9.7 1.6 1.8 1.9 1.7 1.9
Steel Production 3900 3010 3900 3770 3320 3050
Competitiveness Index 5.65 5.65 5.65 5.65 5.65 5.65
Competitiveness Rank 5 5 5 5 5 5
Corruption Index 81 81 81 81 81 81
Corruption Rank 12 12 12 12 12 12
Ease of Doing Business 20 19 18 18 18 17