Ifo Institute for Economic Research

The Ifo Institute for Economic Research, officially the ifo Institute – Leibniz Institute for Economic Research at the University of Munich (e.V.), 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 2024 report, 244 employees work for the organisation.[1] The Frankfurter Allgemeine Zeitung ranks it as Germany's most influential economics research institute.[2]

Ifo Institute - Leibniz Institute for Economic Research at the University of Munich
Founded1949
Merger ofSüddeutsches Institut für Wirtschaftsforschung
Informations- und Forschungsstelle of the Bavarian Statistical Office
Legal statusRegistered association
HeadquartersMunich, Germany
Location(s)
Coordinates48°09′10″N 11°36′18″E / 48.152842°N 11.605011°E / 48.152842; 11.605011
President
Clemens Fuest
AffiliationsCenter for Economic Studies
LMU Munich
Staff244 employees
Websitewww.ifo.de
The main building of the Ifo institute in Munich. Address: Poschinger Straße 5.

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 9,000 companies in the construction, manufacturing, wholesale and retail industries.[3] The index is closely followed by investors, commentators and politics.[4][5]

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.[6]

References

edit
  1. ifo Jahresbericht 2024, pages 88–91
  2. Patrick Bernau: Münchener Institut und Universität sind einflussreich, FAZ Fazit, 1 November 2017
  3. "ifo Geschäftsklimaindex gestiegen (Februar 2026) | ifo Geschäftsklima Deutschland | ifo Institut". ifo Institut (in German). 2026-02-23. Retrieved 2026-02-24.
  4. Megaw, Nicholas. "'Euphoric': German business confidence at highest level on record – Ifo". Financial Times. Retrieved 16 April 2020.
  5. Niehaber, Michael. "Surprise rise in German business morale dispels recession fears". Reuters. Retrieved 16 April 2020.
  6. German government Website Bundeswirtschaftsministerium Online (in German) Archived 2017-11-05 at the Wayback Machine
edit