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]
 | |
| Formation | 1949 |
|---|---|
| Merger of | Süddeutsches Institut für Wirtschaftsforschung Informations- und Forschungsstelle of the Bavarian Statistical Office |
| Legal status | Eingetragener Verein |
| Headquarters | Munich, Dresden |
| Location | |
| Coordinates | 48°09′10″N 11°36′18″E / 48.152842°N 11.605011°E |
President | Clemens Fuest |
| Affiliations | Center for Economic Studies University of Munich |
Staff | 193 employees |
| Website | www.ifo.de |
Ifo Business Climate Index edit
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 edit
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 edit
- ^ ifo Jahresbericht 2021, page 17
- ^ Patrick Bernau: Münchener Institut und Universität sind einflussreich, FAZ Fazit, 1 November 2017
- ^ Megaw, Nicholas. "'Euphoric': German business confidence at highest level on record – Ifo". Financial Times. Retrieved 16 April 2020.
- ^ Niehaber, Michael. "Surprise rise in German business morale dispels recession fears". Reuters. Retrieved 16 April 2020.
- ^ German government Web site Bundeswirtschaftsministerium Online (in German)