News from 2024-08-06 / KfW Research

KfW-ifo SME Barometer July 2024

SME business sentiment: A summer lull or a reversed upswing?

The sentiment indicator for Germany’s SMEs has fallen for the third consecutive month. After a marginal decline in May and a moderate drop in June, SME business sentiment fell by a noticeable 4.2 points to -17.7 balance points in July. Situation assessments and expectations dropped at the same rate this time.

KfW-ifo SME Barometer July 2024

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