ifo Export Climate
Project period: ongoing
Research Areas:
Content
The aim of this project is to produce a survey-based indicator forecasting German exports on a monthly basis.
Methodology
The ifo Export Climate consists of the world economic climate and an indicator for the price competitiveness of German companies versus 37 trading partners as distinguished by their consumer price indices. The world economic climate, weighted by Germany’s export shares, reflects sentiment among companies and consumers in 41 countries. The countries covered by the Ifo Export Climate account for 90 percent of the sales markets for German exports and are represented by seasonally-adjusted values in the calculation of the Ifo Export Climate. Price competitiveness is introduced via log differences. The weightings used for price competitiveness and the world economic climate are 0.12 and 0.88 respectively.
Data Sources
German Federal Statistics Office, Bundesbank, European Commission, OECD, ifo Institute
Results
The results are made available to the client and are made available as a time-series a few days later.
