All Stories
Subscribe to Germany Trade & Invest

Germany Trade & Invest

Press Release - German Business Sentiment Markedly Up

Ifo says that Germany's business leaders are regaining optimism.

Berlin, March 25, 2019

Munich's Ifo Institute for Economic Research reports that its business climate index rose in March 2019, reversing a six-month trend. The seasonally adjusted index went up from 98.7 to 99.6 points, as managers felt more confident about their prospects for the coming six months.

Driving the uptick was increased optimism in the already positive service sector. But views of the current business climate also improved in construction, which enjoyed record volume in January, and trade leaders, too, said that their business was developing nicely.

"The latest Ifo survey shows that amidst the many recent reports of doom and gloom, German businesspeople actually remain quite confident about the future," said Dr. Robert Hermann, CEO of Germany's federal economic development agency Germany Trade & Invest (GTAI). "The German economy is very robust and resistant to worries about an economic downturn."

Germany Trade & Invest is the foreign trade and inward investment agency of the
Federal Republic of Germany. The organization advises foreign companies looking
to expand their business activities in the German market. It provides
information on foreign trade to German companies that seek to enter into foreign
markets. All inquiries relating to Germany as a business and investment location
are treated confidentially. All investment services are available at no charge.

Press contact: Jefferson Chase
T. +49 (0)30 200 099-170
More stories: Germany Trade & Invest
More stories: Germany Trade & Invest
  • 19.12.2018 – 12:29

    Germany bets a billion on batteries

    Berlin (ots) - A Franco-German agreement on battery cell production, signed off by Federal Minister for Economics and Energy Peter Altmaier and his French counterpart Bruno Le Maire on Tuesday, could pave the way for EUR1bn of EU funding for large-scale battery cell production in Germany. Germany's government has, according to the declaration, already reserved the amount for supporting the development of battery cell ...

  • 29.11.2011 – 15:00

    German Seaports Buzzing in Anticipation of Offshore Wind Boom / EWEA Offshore 2011

    Berlin/Amsterdam (ots) - As Germany prepares for a major expansion of offshore wind to replace nuclear power, companies like French giant Areva and US-based General Electric (GE) have flocked to the German coastlines. With wind parks planned for both the North Sea and Baltic Sea, the buildup can be felt in the country's seaports and hinterlands. Germany Trade & Invest ...

  • 14.11.2011 – 09:00

    Germany: Disconnecting Economic Growth from Resource Consumption / WATEC Israel 2011

    Berlin/Tel Aviv (ots) - Carbon dioxide emissions skyrocketed in 2010, according to new data. This is due largely to fossil fuel burning in developing countries. But Germany shows that economic growth and consumption of natural resources can also be uncoupled. Germany is a leading exporter of technologies that help conserve resources - especially water and energy - in ...