GE ifo Business Climate

German business morale fell more than expected in November, in further bad news for a country set to be the worst performer among the Group of Seven (G7) rich democracies this year. The Ifo institute said its business climate index decreased to 85.7 in November,a survey showed on Monday. Analysts polled by Reuters had forecast a reading of 86.0. "The German economy is lacking strength," Ifo president Clemens Fuest said. The decline in business morale was mainly due to the poorer assessment of the current situation, although ...

It is often said that there are numerous ways to say 'I love you'. Unfortunately, there is no real historical evidence for how many ways there are to describe negative macro news out of Germany. Here is another try. Maybe we should follow Green Day’s advice and only wake up from the current German macro nightmare when September ends. Well, September 2025. For now, following German macro data is more like a long stroll on the boulevard of broken dreams. After yesterday’s disappointing PMI readings, the Ifo index – Germany’s most ...

Sentiment at German companies edged lower this month, as Europe's largest economy shows little sign of a recovery amid a persistent manufacturing slump. The Ifo Institute's business-climate index fell to 86.6 in August, from 87.0 in July, data showed Monday. It marked the fourth decline in as many months. "The German economy is increasingly falling into crisis," Clemens Fuest, president of the Ifo Institute, said. Companies assessed their current situation as worse, and expectations for the future were more pessimistic, he said.The ...

The latest batch of German confidence indicators still points to a very anaemic recovery of the German economy after the cyclical bottoming out at the start of the year. Germany’s most prominent leading indicator, the Ifo index, dropped to 88.6 in June, from 89.3 in May. After three consecutive increases at the start of the year, business confidence has weakened again, illustrating that the cyclical bottoming out will not automatically be followed by a strong recovery. Today’s Ifo index weakening was exclusively driven by declining ...

The Ifo index, Germany’s most prominent leading indicator, just illustrated that the cyclical bottoming out will not automatically be followed by a strong recovery. After three consecutive increases, the Ifo index remained unchanged at 89.3 in May. While the expectations component improved again, the current assessment component dropped. Judging from previous experience, three consecutive increases tend to mark a turning point in the economy and we have seen these increases between February and April. Today’s Ifo index reading is a ...