ifo Import Climate

Tasks

The aim of this project is to produce a monthly survey-based indicator to forecast German imports.

Methods

The ifo Import Climate for Germany is based on the Export Climates of its 38 main trading partners. Thus, the Import Climate models imports from the exporters’ perspective instead of the perspective of the domestic economy. The Export Climates of the main trading partners are weighted by their shares in German imports to compute the ifo Import Climate.

Data and other sources

Bank for International Settlements, Conference Board, European Commission, Eurostat, Institute for Supply Management, International Monetary Fund, OECD, National Statistical Offices, UN Comtrade Database

Results

The latest results are made available as a time-series.