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Ifo Institute for Economic Research

Coordinates: 48°09′10″N 11°36′18″E / 48.152842°N 11.605011°E / 48.152842; 11.605011
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Ifo Institute - Leibniz Institute for Economic Research at the University of Munich
Merger ofSüddeutsches Institut für Wirtschaftsforschung
Informations- und Forschungsstelle of the Bavarian Statistical Office
Legal statusEingetragener Verein
HeadquartersMunich, Dresden
Coordinates48°09′10″N 11°36′18″E / 48.152842°N 11.605011°E / 48.152842; 11.605011
Clemens Fuest
AffiliationsCenter for Economic Studies
University of Munich
193 employees
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]


  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)