ifo Business Climate Index Rises

ifo Business Climate Index rises ifo Business Climate Germany Results of the ifo Business Survey for March 2024 ifo Business Climate Index Rises Munich, March 22, 2024 – Sentiment in German companies has improved noticeably. [...] They can describe their situation as “good,” “satisfactory,” or “poor” and their business expectations for the next six months as “more favorable,” “unchanged,” or “less favorable.” The balance value of the current business situation is the difference in the percentage shares of the responses “good” and “poor”; the balance value of expectations is the difference in the percentage shares of the res. [...] © ifo Institute The ifo Business Cycle Clock shows the cyclical relationship between the current business situation and business expectations in a four-quadrant diagram. [...] © ifo Institute The ifo Business Uncertainty measures how difficult it is for managers to predict the development of their company’s business situation over the next six months. [...] The measure is calculated based on the weighted fractions of companies that fall into the answer options “easy,” “fairly easy,” “fairly difficult,” and “difficult” of a corresponding question in the ifo Business Survey.