Business confidence survey in Germany, November, 2019
For that indicator, Ifo Institute for Economic Research provides data for Germany from 2005 to 2019. The average value for Germany during that period was 13.28 points with a minimum of -25 points in March 2009 and a maximum of 30 points in January 2018.
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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.