News from 2019-01-02 / KfW Research

KfW-ifo SME Barometer December 2018

SMEs are feeling uneasy about the new year

SME business sentiment remains on a downward trend. The outlook for the new year in particular is quite sober but current business remains outstanding. Steady hiring plans and rising sales price expectations are sending out positive signals on the future development of the domestic economy. Unless the acute risks of a no-deal Brexit or higher US tariffs on European automobile imports materialise, the German economy should continue to grow at a decent pace.

KfW-ifo SME Barometer December 2018

Press release


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Economic Research

Economic Research

Economic development in Germany and around the world, studies on topics relevant to society such as environmental and climate protection, demography, globalisation, innovation and sustainability, impact of KfW promotional programmes.