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Ifo Business Survey for August 2016 in Brief: The German Economy Falls Into a Summer Slump

Klaus Wohlrabe
ifo Institut, München, 2016

ifo Schnelldienst, 2016, 69, Nr. 17, 54-55

Sentiment in the German economy deteriorated markedly. The Ifo Business Climate Index fell from 108.3 points in July to 106.2 points in August. Companies assessed both their current business situation and their six-month business outlook as poorer than last month. The German economy slipped into a summer slump.

JEL Classification: O100

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ifo Institut, München, 2016