Tip: Activate javascript to be able to use all functions of our website

News from 2021-08-02 / KfW Research

KfW-ifo SME Barometer July 2021

Positive business situation but renewed concern about the pandemic among SMEs

For a long time, business sentiment among SMEs knew only one direction – up. This has now suffered a setback and has fallen for the first time since January. Concerns about newly rising incidence rates are the main reason. Business sentiment among small and medium-sized enterprises is declining solely due to expectations, while the situation assessment is showing a moderate improvement.

KfW-ifo SME Barometer July 2021  (PDF, 94 KB, non-accessible)

Press release


KfW Research

KfW Group

Palmengartenstrasse 5-9

60325 Frankfurt