Ifo Business Survey for December 2015 in Brief: Developments in German Economy Basically Favourable in Festive Season

Strong sentiment in the German economy weakened slightly and the Ifo Business Climate Index for German industry and trade fell in December. Assessments of the current business situation were scaled back. Optimism about future business developments, by contrast, remained unchanged. The index figures for the business climate, situation and expectations, however, are around three points higher than the same period last year overall. The economic situation could hardly be better in the run-up to Christmas.