Article in Journal

Services Sector: Business Climate Reaches Highest Level of the Year


ifo Institut, München, 2014

in: ifo Konjunkturperspektiven, 2014, 41, Nr. 12, 31-33

The business climate indicator in the services sector rose sharply in December thanks to far more positive assessments of the current business situation and business developments. The service providers surveyed continue to expect rising prices and expect demand to pick up further in the months ahead. They also plan to recruit additional staff.

JEL Classification: L800

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ifo Institut, München, 2014