Ifo-Geschäftsklima-Index

What is the Ifo-Geschäftsklima-Index?

The Ifo-Geschäftsklima-Index is the most popular and most widely recognised indicator of economic development in Germany. Munich-based Ifo Institute surveys more than 7,000 companies every month to assess their economic business situation and expectations for the next six months. The responses received will be weighted based on mathematical formulas, sorted into a system, and related to a base of 100. An index level of 100 means a neutral assessment, an index level below 100 a negative assessment, and one above 100 a positive assessment.