News from 2026-06-29 / KfW Research
KfW-ifo SME Barometer June 2026
SMEs still sceptical, large enterprises somewhat more optimistic
The business climate among small and medium-sized enterprises (SMEs) edged down marginally in June by 0.2 points to -21.7 balance points. The assessment of the current situation has improved slightly, while business expectations have declined somewhat. In addition, sales price expectations have fallen markedly. The easing of tensions in the Strait of Hormuz has only been partially reflected in the survey.
Share page
To share the current page content with your network, click the button below and then select the desired option in the dialog box.
Note on data protection: By clicking the button, your browser's sharing function is used. If you select an external provider when sharing, personal data may be processed by the provider. Please read our data protection principles for more information.
Your browser does not support sharing with external services.
Alternatively, you can also copy the short link: https://www.kfw.de/s/enkBbm2u.DblA
Copy link Link copied