Ifo Business Climate Index definition

  • The IFO Business Climate Index is a monthly market indicator for the German economy published by the IFO Institute for Economic Research, surveying over 7,000 enterprises in manufacturing, construction, wholesale and retail. The report asks businesses throughout the country about their view of the current business climate, (good, satisfactory, poor) and their projections for the business climate for the coming 6 months (more favorable, unchanged, less favorable).