Organization:Ifo Institute for Economic Research

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Short description: German economic research institute
Ifo Institute - Leibniz Institute for Economic Research at the University of Munich
Ifo logo.svg
Formation1949
Merger ofSüddeutsches Institut für Wirtschaftsforschung
Informations- und Forschungsstelle of the Bavarian Statistical Office
Legal statusEingetragener Verein
HeadquartersMunich, Dresden
Location
Coordinates [ ⚑ ] : 48°09′10″N 11°36′18″E / 48.152842°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.

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 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. https://www.ft.com/content/9bd3b76e-8079-35da-bcd2-bbc0964b9c60. 
  4. ↑ Niehaber, Michael. "Surprise rise in German business morale dispels recession fears". https://www.reuters.com/article/us-germany-economy-ifo/surprise-rise-in-german-business-morale-dispels-recession-fears-idUSKCN1R60WA. 
  5. ↑ German government Web site Bundeswirtschaftsministerium Online (in German)

External links



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