Germany Ifo Business Climate Index  1991-2017 | Data | Chart | Calendar

The Ifo Business Climate Index for Germany increased to 112.9 in April 2017 from an upwardly revised 112.4 in the previous month and above market expectations of 112.5. It was the highest reading since July 2011, as the index of current conditions rose further to 121.1 from 119.5 in March, while the gauge of future expectations fell to 105.2 from 105.7. Sentiment rose among constructors (11.4 from 9.4 in March), retailers (13.2 from 6.5) and wholesalers (19.6 from 18.5) but fell among manufacturers (20.7 from 21.1). Business Confidence in Germany averaged 101.94 from 1991 until 2017, reaching an all time high of 114.20 in November of 2010 and a record low of 83.50 in March of 2009.

Germany Ifo Business Climate Index
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-22 09:00 AM Feb 111 109.9 109.6 109.6
2017-03-27 08:00 AM Mar 112.3 111.1 111 110.7
2017-04-24 08:00 AM Apr 112.9 112.4 112.5 112.5
2017-05-23 08:00 AM May 112.9 113.35
2017-06-26 08:00 AM Jun 113.82
2017-07-25 08:00 AM Jul 114.15




Germany Business Last Previous Highest Lowest Unit
Business Confidence 112.90 112.40 114.20 83.50 [+]
Manufacturing PMI 58.20 58.30 62.70 32.00 [+]
Services PMI 54.70 55.60 60.30 41.30 Index Points [+]
Composite Pmi 56.30 57.10 57.10 50.20 Index Points [+]
Industrial Production 2.50 -0.50 14.90 -22.00 percent [+]
Industrial Production Mom 2.20 2.20 4.00 -6.90 percent [+]
Manufacturing Production 1.40 -0.40 15.50 -24.00 percent [+]
Capacity Utilization 86.00 85.70 88.70 70.20 percent [+]
New Orders 114.50 109.60 119.00 9.70 Index Points [+]
Factory Orders 3.40 -6.80 27.10 -15.70 percent [+]
Changes in Inventories -3.57 -5.72 9.57 -11.49 EUR Billion [+]
Bankruptcies 1664.00 1740.00 3755.00 416.00 Companies [+]
Corporate Profits 183.83 182.35 194.72 91.01 EUR Billion [+]
Zew Economic Sentiment Index 19.50 12.80 89.60 -63.90 [+]
Car Production 557800.00 492100.00 583399.00 265542.00 Units [+]
Car Registrations 359683.00 243602.00 552865.00 43460.00 Cars [+]
Competitiveness Index 5.57 5.53 5.57 5.37 Points [+]
Competitiveness Rank 5.00 4.00 7.00 4.00 [+]
Ease of Doing Business 17.00 14.00 27.00 14.00 [+]
Corruption Index 81.00 81.00 82.70 73.00 Points [+]
Corruption Rank 10.00 10.00 20.00 10.00 [+]
Steel Production 3452.90 3648.55 4744.00 907.00 Thousand Tonnes [+]
Mining Production -2.00 -0.90 46.60 -30.40 percent [+]


Germany Ifo Business Climate Index Notes

In Germany, the IFO Business Climate Index measures entrepreneurs’ sentiment about current business situation and their expectations for the next 6 months. The survey is made by phone and covers 7 000 firms in manufacturing, construction, wholesaling and retailing industry. The Business Climate Balance is constructed as the difference between the percentage share of executives that are optimistic and the share that are pessimistic. This balance can take values between -100 (all responding firms assess their situation as poor and expect business to deteriorate) and +100 (all responding firms assessed their situation as good and expect an improvement in their business). For the calculation of the IFO Business Climate Index, the Balance is normalized to the average of a base year (currently 2005). This page provides the latest reported value for - Germany Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Ifo Business Climate Index - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
112.90 112.40 114.20 83.50 1991 - 2017 Monthly



Last
Albania -0.10 Mar/17
Angola -32.00 Sep/16
Armenia 51.00 Jun/16
Australia 6.00 Mar/17
Austria 1.90 Apr/17
Bangladesh 9.96 Dec/14
Belgium -0.80 Apr/17
Brazil 53.10 Apr/17
Bulgaria 27.60 Mar/17
Canada 61.10 Mar/17
Cape Verde 5.00 Mar/17
Chile 45.12 Mar/17
China 51.80 Mar/17
Colombia -0.10 Feb/17
Croatia 10.40 Apr/17
Cyprus 115.50 Apr/17
Czech Republic 95.10 Apr/17
Denmark 1.00 Apr/17
Ecuador 1170.90 Feb/17
Estonia 105.40 Mar/17
Euro Area 1.09 Apr/17
European Union 3.00 Apr/17
Finland 4.20 Apr/17
France 108.00 Apr/17
Georgia 17.50 Mar/17
Germany 112.90 Apr/17
Greece 94.90 Apr/17
Hong Kong 5.00 Jun/17
Hungary 4.70 Mar/17
India 57.20 Jun/16
Indonesia 106.70 Dec/16
Ireland 16.00 Dec/16
Israel 20.00 Mar/17
Italy 107.90 Apr/17
Japan 12.00 Mar/17
Kazakhstan 6.00 Mar/17
Latvia 1.80 Mar/17
Lithuania 0.00 Mar/17
Luxembourg 113.60 Apr/17
Macedonia 25.10 Mar/17
Malaysia 112.70 Mar/17
Maldives 49.00 Dec/16
Malta 114.60 Apr/17
Mauritius 97.50 Dec/16
Mexico 46.22 Mar/17
Mozambique 92.60 Jan/17
Netherlands 8.30 Apr/17
New Caledonia 88.60 Dec/16
New Zealand 11.30 Mar/17
Nigeria -29.00 Dec/16
Norway 1.10 Mar/17
Peru 44.00 Mar/17
Philippines 39.40 Mar/17
Poland 9.60 Apr/17
Portugal 1.80 Apr/17
Qatar 20.20 Sep/16
Romania 0.10 Apr/17
Russia -1.00 Apr/17
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore 2.00 Dec/16
Slovakia 4.00 Mar/17
Slovenia 9.00 Apr/17
South Africa 40.00 Mar/17
South Korea 83.00 Apr/17
Spain 0.10 Apr/17
Sri Lanka 102.00 Dec/16
Sweden 108.60 Apr/17
Switzerland 107.60 Mar/17
Thailand 52.60 Mar/17
Turkey 111.20 Apr/17
Uganda 55.20 Mar/17
Ukraine 113.30 Mar/17
United Kingdom 1.00 Jun/17
United States 57.20 Mar/17