Ifo Institute for Economic Research

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]

Ifo Institute - Leibniz Institute for Economic Research at the University of Munich
Formation1949
Merger ofSüddeutsches Institut für Wirtschaftsforschung
Informations- und Forschungsstelle of the Bavarian Statistical Office
Legal statusEingetragener Verein
HeadquartersMunich, Dresden
Location
Coordinates48.152842°N 11.605011°E / 48.152842; 11.605011
President
Clemens Fuest
AffiliationsCenter for Economic Studies
University of Munich
Staff
193 employees
Websitewww.ifo.de
The main building of the Ifo institute in Munich. Address: Poschinger Straße 5.

Ifo Business Climate Index

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

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
  1. ifo Jahresbericht 2021, page 17
  2. Patrick Bernau: Münchener Institut und Universität sind einflussreich, FAZ Fazit, 1 November 2017
  3. Megaw, Nicholas. "'Euphoric': German business confidence at highest level on record – Ifo". Financial Times. Retrieved 16 April 2020.
  4. Niehaber, Michael. "Surprise rise in German business morale dispels recession fears". Reuters. Retrieved 16 April 2020.
  5. German government Web site Bundeswirtschaftsministerium Online (in German)
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