Monthly Index Indicating Business Sentiment in Germany
Germany| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
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| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The IFO Business Climate Index is a monthly indicator that evaluates the economic activity of German businesses. This index is based on a survey conducted by the IFO Institute, which collects data from companies in the manufacturing, construction, wholesale, and retail sectors regarding their current business situation and future expectations.
The IFO Business Climate Index uses 100 as a baseline. A reading above 100 indicates a positive business climate, while a reading below 100 suggests a deteriorating business climate. This index is a crucial indicator for quickly understanding the current state of the German economy, particularly for assessing trends in business investment and production activities.
Policymakers use the IFO Business Climate Index to evaluate the economic outlook and formulate appropriate monetary policies. For example, if the index shows strong growth, the central bank might consider raising interest rates to curb inflation risks. Conversely, if the index declines, there might be a need to strengthen economic stimulus measures. Additionally, the index is a vital information source for businesses and investors to gauge business sentiment and make informed decisions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
