Article in Journal

Service Sector: Business Climate Indicator Continues to Rise


ifo Institut, München, 2015

in: ifo Konjunkturperspektiven, 2015, 42, Nr. 06, 23-26

In the service sector there were fewer favourable assessments of the current business situation, which nevertheless remained very positive. The companies surveyed expressed greater confidence in their short-term business outlook and the business climate indicator reached its highest value since July 2011. Service providers plan to continue to pursue an expansive personnel policy and reports suggest that they also expect prices to continue to rise.

JEL Classification: L800

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ifo Institut, München, 2015