Ifo_Institut_für_Wirtschaftsforschung

Ifo Institute for Economic Research

Ifo Institute for Economic Research

German economic research institute

The Ifo Institute for Economic Research is a Munich-based research institution. Ifo is an acronym from Information and Forschung (research). As one of Germany's largest economic think-tanks, it analyses economic policy and is known for its monthly Ifo Business Climate Index for Germany. According to its 2021 report 217 employees work for the organisation.[1] The Frankfurter Allgemeine Zeitung ranks it as Germany's most influential economics research institute.[2]

Quick Facts Formation, Merger of ...
The main building of the Ifo institute in Munich. Address: Poschinger Straße 5.

Ifo Business Climate Index

Ifo's Business Climate Index is an early indicator of economic activity released monthly since 1972. The database underlying the index is a monthly survey of 7000 in the construction, manufacturing, wholesale and retail industries. The index is closely followed by investors, commentators and politics.[3][4]

Report on the German economy

The Ifo Institute participates in the twice yearly (spring and autumn) joint analysis of the state of the German and world economy, the so-called Gemeinschaftsdiagnose.[5]

References

  1. [1]
    ifo Jahresbericht 2021, page 17
  2. [2]
    Patrick Bernau: Münchener Institut und Universität sind einflussreich, FAZ Fazit, 1 November 2017
  3. [3]
    Megaw, Nicholas. "'Euphoric': German business confidence at highest level on record – Ifo". Financial Times. Retrieved 16 April 2020.
  4. [4]
    Niehaber, Michael. "Surprise rise in German business morale dispels recession fears". Reuters. Retrieved 16 April 2020.
  5. [5]
    German government Web site Bundeswirtschaftsministerium Online (in German)
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