News from 2022-08-02 / KfW Research
KfW-ifo SME Barometer July 2022
Serious recession concerns among SMEs
After a brief phase of stabilisation, SME business confidence nosedived again at the start of the summer quarter. In July it plunged 9.5 points to -15.3 balance points, a variation nearly four times the usual monthly rate. The already very pessimistic business expectations continued to fall and situation assessments also deteriorated markedly.
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