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
17 Dec 2025
Dec 2025
87.6
—
88.0
24 Nov 2025
Nov 2025
N/D
88.5
88.4
27 Oct 2025
Oct 2025
88.4
—
87.7
24 Sept 2025
Sep 2025
87.7
—
88.9
25 Aug 2025
Aug 2025
89.0
89.6
88.6
25 Jul 2025
Jul 2025
88.6
89.0
88.4
24 Jun 2025
Jun 2025
88.4
87.1
87.5
22 May 2025
May 2025
87.5
86.5
86.9
24 Apr 2025
Apr 2025
86.9
87.0
86.7
25 Mar 2025
Mar 2025
86.7
86.1
85.3
24 Feb 2025
Feb 2025
85.2
86.4
85.2
27 Jan 2025
Jan 2025
85.1
83.4
84.7
17 Dec 2024
Dec 2024
84.7
84.9
85.6
25 Nov 2024
Nov 2024
85.7
88.4
86.5
25 Oct 2024
Oct 2024
86.5
83.8
85.4
24 Sept 2024
Sep 2024
85.4
88.3
86.6
26 Aug 2024
Aug 2024
86.6
85.4
87.0
25 Jul 2024
Jul 2024
87.0
87.0
88.6
24 Jun 2024
Jun 2024
88.6
89.5
89.3
27 May 2024
May 2024
89.3
89.9
89.3