Det tyske erhvervsindeks ifo viser en stærk forværring i november med et fald fra 92,5 til 90,7 point. Det er forventningerne til de kommnde måneder, der er blevet stærkt forværret, og det skyldes den anden corona-bølge og de skærpede restriktioner, som regeringen har indført.
ifo Business Climate Index Falls (November 2020)
Sentiment among German managers has deteriorated. The ifo Business Climate Index fell from 92.5 points (seasonally adjusted) in October to 90.7 points in November.
The drop was due above all to companies’ considerably more pessimistic expectations. Their assessments of the current situation were also a little worse. Business uncertainty has risen. The second wave of coronavirus has interrupted Germany’s economic recovery.
The ifo Business Climate is based on approx. 9,000 monthly responses from businesses in manufacturing, the service sector, trade, and construction. Companies are asked to give their assessments of the current business situation and their expectations for the next six months.
They can describe their situation as “good,” “satisfactory,” or “poor” and their business expectations for the next six months as “more favorable,” “unchanged,” or “less favorable.”