IFO Business Climate Index

IFO Business Climate Index

A monthly survey of business conditions in Germany. Surveys are sent to 7,000 business leaders each month and respondents are asked about their current positions and their expected outlook over the next six months. It is considered a significant leading indicator for the German economy.
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16143), researchers Ruediger Bachmann, Steffen Elstner, and Eric Sims use micro data from the Federal Reserve Bank of Philadelphia's Business Outlook Survey and Germany's IFO Business Climate Index to investigate how measures of business uncertainty, which are derived from manager's business expectations, are related to economic activity.
Byline: In the coming week, markets will keep an eye on the German IFO business climate index and US durable goods orders.
Even as leading indicators such as the Ifo business climate index have started to suggest a recovery towards the end of the year, top firms are announcing major layoffs.
By June of this year, Germany's Ifo business climate index jumped well above 90 (1991=100) and the upward trend was gaining momentum.
The Ifo Business Climate Index for German trade and industry edged downwards to 108.
In January, the ifo Business Climate Index increased for the third consecutive time and reached its highest value since June 2012.
The latest Ifo business climate index -- an even more important barometer of sentiment in Europe's biggest economy -- is scheduled to be released later on Friday.
Germany 6 IFO business climate index, current assessment index and business expectations index for April.
Germany will announce its IFO business climate index today.
Later in the day, the German IFO business climate index and the U.
The closely watched Ifo business climate index for Germany tumbled further than expected in March, falling to 93.
In a note on the Dax, Commerzbank pointed out that sentiment was also dampened by the perception that economic growth in Germany is slowing, as shown by the Ifo business climate index last week.