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Ifo Business Survey for January 2009

Author

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  • Klaus Abberger

Abstract

The Ifo Business Climate Index for German trade and industry rose slightly in January. After a strong downward movement in 2008, the indicator is at a very low level, however. The two components of the business climate index developed differently this time: While the firms assessed their current situation even more unfavourably than in December, they are no longer quite so pessimistic regarding the six-month outlook. From this slight recovery of the business climate index, no cyclical turnaround can be deduced, however.

Suggested Citation

  • Klaus Abberger, 2009. "Ifo Business Survey for January 2009," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(03), pages 28-30, February.
  • Handle: RePEc:ces:ifosdt:v:62:y:2009:i:03:p:28-30
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    File URL: https://www.ifo.de/DocDL/ifosd_2009_3_5.pdf
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    More about this item

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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