Germany regional ifo business climate
Germany's regional ifo business climate indices for Eastern Germany, Saxony and North Rhine-Westphalia.
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| Indicator | 09-2026 | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Eastern Germany3 | ||||||||||||||||||||||||||||||||||||||
| Eastern Germany: business climate | 91.1 | 89.8 | 89.1 | 88.1 | 87 | 86.3 | 89.1 | 89.3 | 89.7 | 90 | 89.9 | 89.3 | 88.4 | 89.1 | 88.8 | 88.3 | 89.2 | 86.7 | 88 | 87.7 | 85.7 | 87 | 87 | 88.2 | 88.5 | 88.3 | 90 | 92 | 92.4 | 92.3 | 90.3 | 88.7 | 89.6 | 88.8 | 90.8 | 90.1 | 89.8 | |
| Eastern Germany: current business situation | 89.9 | 88.3 | 88.9 | 89.5 | 88 | 86.5 | 90.5 | 88.2 | 88.1 | 88.1 | 88 | 87 | 86.1 | 87 | 87.8 | 88 | 88.9 | 87.7 | 88.1 | 88.5 | 87.4 | 87.5 | 87.5 | 87.6 | 87.4 | 88.8 | 90.1 | 92.7 | 93.1 | 92.4 | 91.7 | 90.5 | 90.7 | 90.9 | 92.9 | 91.9 | 92.6 | |
| Eastern Germany: business expectations | 92.3 | 91.2 | 89.3 | 86.7 | 86 | 86.1 | 87.6 | 90.4 | 91.4 | 91.9 | 91.9 | 91.7 | 90.7 | 91.3 | 89.8 | 88.7 | 89.6 | 85.6 | 87.9 | 86.9 | 84 | 86.5 | 86.4 | 88.7 | 89.5 | 87.9 | 89.9 | 91.3 | 91.6 | 92.1 | 88.8 | 86.9 | 88.4 | 86.9 | 88.9 | 88.2 | 87.1 | |
| Saxony3 | ||||||||||||||||||||||||||||||||||||||
| Saxony: business climate | 91.1 | 92.2 | 93.4 | 91.7 | 89.2 | 89.8 | 91.5 | 91.8 | 92.4 | 92.1 | 92.1 | 91.5 | 91.3 | 91.6 | 91.1 | 90.8 | 92.5 | 90.3 | 91.9 | 91.2 | 88.6 | 89.4 | 90.9 | 90.3 | 93.1 | 89.9 | 92.4 | 94.7 | 94.8 | 95.3 | 91.8 | 90.4 | 91.5 | 91.3 | 92.8 | 91.4 | 88.7 | |
| Saxony: current business situation | 92.9 | 94.2 | 95.3 | 94.5 | 92.4 | 92.5 | 93.7 | 93.2 | 91.9 | 90.9 | 92.3 | 90.3 | 89.5 | 90.6 | 91.7 | 92.3 | 92.8 | 94 | 93.2 | 93.6 | 91.9 | 89.5 | 91.8 | 89.8 | 91.1 | 90.6 | 93.2 | 96.5 | 96.4 | 98.6 | 94.6 | 92.5 | 93.6 | 93.8 | 95.3 | 93.4 | 92.8 | |
| Saxony: business expectations | 89.3 | 90.2 | 91.5 | 89 | 86.1 | 87.2 | 89.2 | 90.5 | 92.8 | 93.2 | 92 | 92.7 | 93 | 92.5 | 90.6 | 89.4 | 92.1 | 86.7 | 90.6 | 88.9 | 85.4 | 89.4 | 89.9 | 90.8 | 95.2 | 89.1 | 91.6 | 92.9 | 93.2 | 92.2 | 89 | 88.4 | 89.3 | 88.9 | 90.4 | 89.4 | 84.8 | |
| North Rhine-Westphalia6 | ||||||||||||||||||||||||||||||||||||||
| Overall economy: business climate | -2.13 | -4.42 | -11.99 | -17.21 | -16.93 | -17.4 | -14.41 | -8.28 | -8.02 | -11.02 | -10.91 | -10.13 | -7.68 | -7.41 | -7.45 | -8.48 | -11.15 | -11.15 | -12.54 | -15.31 | -15 | -15.79 | -12.38 | -11.24 | -13.03 | -10.5 | -7.27 | -8.69 | -5.5 | -3.79 | -6.79 | -12.66 | -12.11 | -10.01 | -7.51 | -11.02 | -11.26 | |
| Overall economy: current business situation | -0.44 | -0.9 | -7.22 | -10.67 | -10 | -11.12 | -11.65 | -7.52 | -9.1 | -11.75 | -12.29 | -12.23 | -7.26 | -7.89 | -7.38 | -8.5 | -9 | -6.83 | -11 | -12.43 | -11.18 | -12.02 | -10.29 | -8.31 | -9.23 | -5.89 | -4.03 | -3.86 | -0.92 | -0.28 | -1.55 | -4.8 | -2.1 | -2.94 | -0.37 | -1.31 | -3.15 | |
| Overall economy: business expectations | -3.8 | -7.88 | -16.65 | -23.52 | -23.6 | -23.48 | -17.14 | -9.04 | -6.93 | -10.3 | -9.52 | -8.01 | -8.1 | -6.93 | -7.52 | -8.46 | -13.28 | -15.37 | -14.08 | -18.13 | -18.75 | -19.48 | -14.44 | -14.13 | -16.75 | -15 | -10.46 | -13.41 | -9.98 | -7.24 | -11.89 | -20.2 | -21.61 | -16.84 | -14.4 | -20.26 | -19.05 | |
| Trade and industry: business climate | -6.98 | -9.93 | -17.57 | -21.04 | -24.11 | -23.59 | -20.26 | -13.72 | -15.89 | -20.89 | -20.47 | -18.03 | -15.05 | -15.08 | -15.39 | -18.25 | -17.3 | -19.62 | -20.05 | -26.23 | -26.57 | -26.59 | -24.48 | -25.36 | -27.04 | -23.94 | -20.26 | -20.3 | -13.67 | -15.18 | -17.86 | -27.46 | -22.64 | -23.37 | -21.56 | -24.55 | -24.39 | |
| Trade and industry: current business situation | -9.68 | -9.32 | -16.32 | -15.85 | -17.04 | -19.21 | -20.79 | -18.37 | -21.25 | -25.47 | -26.19 | -26.06 | -19.44 | -21.29 | -19.9 | -23.21 | -21.01 | -20.51 | -24.27 | -28.54 | -27.02 | -28.8 | -28.16 | -29.84 | -30.94 | -25.29 | -23.73 | -21.37 | -15.21 | -15.79 | -14.99 | -23.02 | -16.22 | -18.99 | -14.97 | -17.84 | -17.14 | |
| Trade and industry: business expectations | -4.24 | -10.54 | -18.82 | -26.09 | -30.9 | -27.86 | -19.72 | -8.95 | -10.36 | -16.18 | -14.57 | -9.62 | -10.55 | -8.64 | -10.77 | -13.16 | -13.5 | -18.73 | -15.73 | -23.9 | -26.11 | -24.35 | -20.72 | -20.75 | -23.05 | -22.57 | -16.73 | -19.23 | -12.12 | -14.58 | -20.68 | -31.8 | -28.84 | -27.63 | -27.93 | -31.01 | -31.35 |
Latest reading
The series on this page is monthly and runs from Jan 2005 to Sep 2026. Source: ifo Institute and NRW.BANK.
About this data
Germany's regional ifo business climate indices for Eastern Germany, Saxony and North Rhine-Westphalia. The monthly dataset tracks the overall economy alongside the trade and industry sector. It provides the headline business climate index as well as the separate current business situation and business expectations assessments. Published by the ifo Institute and NRW.BANK since 1991, the series are measured in balance points and index values.
Frequently asked questions
- What is the latest figure for Germany regional ifo business climate?
- Eastern Germany: business climate stood at 91.1 in Sep 2026. That is +1.4% from Aug 2026 and +3.1% from a year earlier.
- Is Germany regional ifo business climate at a high or a low right now?
- The reading of 91.1 is the highest since Jun 2024.
- How far back does the Germany regional ifo business climate data go?
- The series on this page is monthly and runs from Jan 2005 to Sep 2026. Source: ifo Institute and NRW.BANK. Every series in the table can be charted over its full history and downloaded as CSV or Excel.
- What is the Germany regional ifo business climate index?
- The regional ifo business climate measures business sentiment for specific German federal states and regions. It tracks the current business situation and future business expectations based on company surveys.
- Which regions are covered in the German regional business climate data?
- The dataset provides monthly indicators for Eastern Germany, Saxony and North Rhine-Westphalia. It includes data for the overall economy and the trade and industry sector.
- How are the regional German business expectations measured?
- The regional current business situation and business expectations are measured as balance points and published alongside a headline index. The regional panels use the same methodology as the national ifo index.