Business confidence survey in Germany, October, 2020
For that indicator, we provide data for Germany from January 2005 to October 2020. The average value for Germany during that period was 12.25 points with a minimum of -35.5 points in April 2020 and a maximum of 28.4 points in November 2017.
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Source: Ifo Institute for Economic Research
Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.