KfW-ifo SME Barometer September 2019
News from 2019-10-02 / KfW Research
Sentiment improves slightly among SMEs but not in large enterprises
After deteriorating in the previous month, confidence in the German SME sector recovered slightly in September. Sentiment among large enterprises, which has been much worse for a long time, dropped again. While the external headwind is strong, domestically oriented small and medium-sized enterprises are still benefiting from robust domestic demand. Nevertheless, the summer quarter has generally not been a good one for SMEs either and the outlook for autumn and winter is rather dim.