The Ifo Business Climate Index reflects the current economic situation and forecasts for the next six months from the point of view of German companies. The indicator is compiled based on a survey of more than seven thousand companies. A higher than expected reading is seen as favorable for the euro quotes, while lower readings are seen as negative.
Ifo Germany Business Climate
Last release
17 Dec 2025 09:30 GMT
Actual
87.6
Forecast
—
Previous
88.0
Date (GMT)
Reference
Actual
Forecast
Previous
18 Dec 2020
Dec 2020
92.1
91.6
90.9
24 Nov 2020
Nov 2020
90.7
92.9
92.5
26 Oct 2020
Oct 2020
92.7
92.9
93.2
24 Sept 2020
Sep 2020
93.4
91.4
92.5
25 Aug 2020
Aug 2020
92.6
88.2
90.4
27 Jul 2020
Jul 2020
90.5
82.7
86.3
24 Jun 2020
Jun 2020
86.2
76.7
79.7
25 May 2020
May 2020
79.5
80.0
74.2
24 Apr 2020
Apr 2020
74.3
90.9
85.9
25 Mar 2020
Mar 2020
86.1
95.9
96.0
24 Feb 2020
Feb 2020
96.1
96.0
96.0
27 Jan 2020
Jan 2020
95.9
95.6
96.3
18 Dec 2019
Dec 2019
96.3
94.3
95.1
25 Nov 2019
Nov 2019
95.0
93.3
94.7
25 Oct 2019
Oct 2019
94.6
93.1
94.6
24 Sept 2019
Sep 2019
94.6
94.6
94.3
26 Aug 2019
Aug 2019
94.3
95.7
95.8
25 Jul 2019
Jul 2019
95.7
96.7
97.5
24 Jun 2019
Jun 2019
97.4
99.3
97.9
23 May 2019
May 2019
97.9
99.3
99.2