1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites
In focus
LA firesTrump inaugurationGerman election 2025
Latest audioLatest videos
Live TV

German business confidence up

November 24, 2015

Germany's closely-watched Ifo index shows a surprisingly positive business sentiment for November. But analysts point out that most responses in the survey came in before the November 13 terrorist attacks in Paris.

https://p.dw.com/p/1HB7Q
Windkraftgetriebe aus Sachsen
Image: imago/Rainer Weisflog

German business morale unexpectedly improved in November, a survey showed on Tuesday, suggesting company executives in Europe's largest economy were more upbeat despite weaker export prospects in China and other key emerging markets.

The Munich-based Ifo economic institute's business climate index, based on a monthly survey of some 7,000 firms, jumped to 109.0 from 108.2 in October.

The reading was the strongest since June 2014. In a survey conducted by Reuters, analysts had expected the Ifo barometer to show a reading of 108.2.

The Ifo survey was conducted in the first three weeks of November, with most responses coming in before the terror attacks in Paris on November 13, an Ifo spokesman said.

tko/hg (Reuters, AFP)

Skip next section Explore more

Explore more

Deutschland Rosenheim Flüchtlinge in Turnhalle

Ifo think tank sees refugee costs soaring

Ifo think tank sees refugee costs soaring

Germany's Ifo economic think tank has more than doubled its estimate of what the influx of refugees will cost the country as it expects higher numbers of asylum-seekers and additional outlays already this year. (10.11.2015)
November 10, 2015
Modern German factory

German business confidence dips slightly

German business confidence dips slightly

Largely unfazed by the Volkswagen cheating scandal, business confidence among top German executives has only eased slightly. The refugee crisis hasn't caused much movement either, according to the Ifo think tank. (26.10.2015)
October 26, 2015
Herbstgutachten

Think tanks cut growth estimate for Germany

Think tanks cut growth estimate for Germany

Germany's leading economic research institutes have lowered their growth estimate for 2015, but expect the recovery to stay on track. Due to the ongoing influx of migrants, however, unemployment is set to rise. (08.10.2015)
October 8, 2015