ifo Media Center
The ifo Institute invites you to participate in the discussion of interesting economic topics via the Internet. In our ifo Media Center a whole series of remarkable events are available and can be viewed in full length. We also record selected speeches and presentations given by employees or at events and make them available in our Media Center.
Economic Experts Expect Slight Decline In Inflation Worldwide
Economic experts from around the world expect inflation rates to decline in the years ahead. This is among the findings of the Economic Experts Survey. The inflation rate worldwide will reach 4.6% in 2024, then 4.4% next year, and 4.0% in 2027. In Germany, inflation for this year is expected to reach 3.1%, in Austria 4.2, and in Switzerland 1.8.
German Companies Plan To Cut Investment
Companies in Germany have revised their investment plans for the current year downward. The ifo investment expectations fell to -0.1 points in March, down from +1.2 points in November. “Global demand for capital goods and intermediate goods remains weak and uncertainties persist regarding economic policy,” explains ifo-expert Lara Zarges.
Innovation in Germany and the EU - A Path of Strength?
Are we still innovative or have other countries long since left us behind? How do Germany and the EU compare internationally and what is needed for a successful innovation policy? Get to know more about these topics in the new issue of the ifo Schnelldienst 4/2024.
Uncertainty Dampens The Mood Of The Self-Employed In Germany
Uncertainty among the self-employed in Germany has increased in March. Thus, the business climate for this segment has deteriorated with the index falling to -15.6 points, down from -14.6 points in February. “Contrary to the situation in the other sectors of the economy, the self-employed are experiencing increasing doubt,” explains Katrin Demmelhuber.
Business Climate in the German Chemical Industry Brightens
The business climate in Germany’s chemical industry improved in March, with the index rising to -10.5 points, up from minus 15.5 points in February. Especially business expectations improved sharply to -2.9 points, up from minus 14.9 points in February.
Availability of Materials in Germany Approaching Pre-coronavirus Levels
German manufacturers hardly have to struggle with material shortages anymore. In March, 10.2% of the companies surveyed reported shortages, down from 14.6% in February. “The supply of raw materials and intermediate products has recently seen significant improvement,” notes ifo-expert Klaus Wohlrabe.
EBDC Business Investment Panel (2023)
10.7805/ebdc-bip-2023
EBDC Business Expectations Panel (2023)
10.7805/ebdc-bep-2023
ifo Business Survey Industry (2023b)
10.7805/ebdc-ibs-ind-2023b
ifo Business Survey Trade (2023b)
10.7805/ebdc-ibs-tra-2023b
ifo Business Survey Service (2023b)
10.7805/ebdc-ibs-serv-2023b
ifo Business Survey Construction (2023b)
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ifo Business Climate Index rises (March 2024)
Sentiment in German companies has improved noticeably. The ifo Business Climate Index rose to 87.8 points in March, up from 85.7 points in February. In particular, companies’ expectations turned much less pessimistic. Assessments of the current business situation also improved. The German economy glimpses light on the horizon.
ifo Economic Forecast Spring 2024: German Economy Paralyzed
The ifo Institute has reduced its growth forecast for the current year to 0.2%, down from 0.7% in January and 0.9% in December. But for next year, it raised its growth estimate by 0.2 percentage points to 1.5%.
ifo Business Survey Insurance (2023)
10.7805/ebdc-ibs-isr-2023
ifo Business Climate Index Falls (December 2023)
Sentiment in German business has clouded over. The ifo Business Climate Index fell to 86.4 points in December, down from 87.2 points (seasonally adjusted) in November. Companies were less satisfied with their current business. They were also more skeptical about the first half of 2024. As the year draws to a close, the German economy remains weak.
ifo Business Survey Service (2023a)
10.7805/ebdc-ibs-serv-2023a
ifo Business Survey Trade (2023a)
10.7805/ebdc-ibs-tra-2023a
