The mood in German companies has shown a clear improvement in March. According to the economic research institute ifo, the business climate index rose to 86.7 points from 85.3 in February. The index, which measures companies' assessment of both the current economic situation and their expectations for the future, shows increasing optimism. This is reported by the German newspaper Die Zeit.
- The German economy is hoping for an improvement, says ifo president Clemens Fuest.
A study by the financial company S&P Global also shows that the economy appears to be stabilizing after two years of recession. According to the study, the German economy is expected to grow for the third month in a row in March.
Despite the positive signs, the ifo institute only predicts marginal growth of 0.2 percent. for 2025, which means that the economy is largely at a standstill. In comparison, Germany has previously experienced growth of several percent per year in good times. A real economic recovery is not expected until 2026, when gross domestic product (GDP) is estimated to increase by 0.8 percent.
- This is bad for planning security, says Klaus Wohlrabe, head of the ifo survey.
The Ifo Institute, based in Munich, is one of Germany's leading economic analysis institutes and is known for its business climate measurements, including the business climate index, which is considered an important indicator of economic development.
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