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Jimdo-ifo Business Climate Index for the Self-Employed — 18 September 2023

German Business Climate for the Self-Employed Cools Further

The business climate for Germany’s self-employed has deteriorated for the fifth time in a row, finds the latest ifo survey for this segment (“Jimdo-ifo Business Climate Index for the Self-Employed”). The index fell to -19.9 points in August, down from -16.4 points in July. “The situation in the German economy is tense,” says ifo expert Katrin Demmelhuber. “For the self-employed, the risk of entering a downward spiral is increasing.”

Jimdo-ifo Business Climate Index for the Self-Employed — 11 July 2023

Business Climate for Germany’s Self-Employed Clouds Over

The business climate for Germany’s self-employed has deteriorated, finds the latest ifo survey for this segment (“Jimdo-ifo Business Climate Index for the Self-Employed”). The index fell to -12.6 points* in June, down from -8.6 points* in May. “There’s a kind of domino effect at work here,” says ifo expert Katrin Demmelhuber. “Since many large companies are short of orders, they’re also placing fewer orders with the self-employed.”