Skip to main content

German Ifo Business Climate Indicator (July)

The bigger-than-expected fall in the German Ifo, together with the drop in the PMIs published yesterday, suggest that the German economy continued to shrink at the start of Q3. We expect the recession to drag on throughout 2023.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access