News from 2025-11-07 / KfW Research

KfW-ifo SME Barometer October 2025

Business sentiment is on the rebound

After suffering a setback in September, SME business sentiment has stabilised again. The recovery that began at the start of the year continued in October. Confidence rose by 1.3 points to -14.6 balance points. Situation assessments improved moderately and expectations significantly.

KfW-ifo SME Barometer October 2025

Press release

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