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Slight Decline in the ifo Business Climate Index for Eastern Germany

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Ifo Business Climate for Eastern Germany - Results of the ifo Business Survey in May 2018 Press Release for ifo Business Climate Index for Eastern Germany (PDF, 251 KB) Business Sentiment in eastern Germany weakened somewhat in May. The business climate index for eastern German industry and trade fell from 105.5 to 105.1 points. The survey participants‘ assessments of the current situation improved slightly, but their appraisals of the business outlook weakened noticeably. Business confidence in manufacturing in eastern Germany weakened clearly in May. The industrial firms rated their current business situation slightly more positively than in the previous month. However, the six-month outlook

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ifo Business Climate for Eastern Germany - Results of the ifo Business Survey in May 2018

Business Sentiment in eastern Germany weakened somewhat in May. The business climate index for eastern German industry and trade fell from 105.5 to 105.1 points. The survey participants‘ assessments of the current situation improved slightly, but their appraisals of the business outlook weakened noticeably.

Business confidence in manufacturing in eastern Germany weakened clearly in May. The industrial firms rated their current business situation slightly more positively than in the previous month. However, the six-month outlook clouded over noticeably.

The business climate index also fell slightly in eastern German wholesaling. While respondents were somewhat more satisfied with their current business, they were less confident about the coming six months. For eastern German retailing, confidence has grown somewhat. Both the assessments of the current situation and business expectations improved slightly.

The business climate in eastern German construction brightened in April. This was primarily due to clearly more positive assessments of the current situation. Business expectations for the coming six months also improved slightly. 

Prof. Dr. Marcel Thum
Director Ifo Dresden

Prof. Dr. Joachim Ragnitz
Managing Director Ifo Dresden

Clemens Fuest
Clemens Fuest took over from Hans Werner Sinn as chairman of the IFO Institute in April 2016. He is professor at the Faculty of Economics of the University of Munich.

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