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. As one of Germany's largest economic think-tanks, it analyses economic policy and is widely known for its monthly Ifo Business Climate Index for Germany. Its research output is significant: about a quarter of the articles published by German research institutes in international journals in economics in 2006 were from Ifo researchers. According to the Frankfurter Allgemeine Zeitung ranking, it is also Germany's most influential economics research institute.

Ifo Business Climate Index

Ifo's Business Climate Index is a leading 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.

Report on the German economy

The Ifo Institute participates in the twice yearly joint analysis of the state of the German and world economy, the so-called Gemeinschaftsdiagnose. The other institutes are:
Institut für Weltwirtschaft in Kiel; Institut für Wirtschaftsforschung in Halle; and Rheinisch-Westfälisches Institut für Wirtschaftsforschung in Essen.