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News from 2021-06-07 / KfW Research

KfW-ifo SME Barometer May 2021

SME business sentiment: enterprises are ready for recovery

The third wave of coronavirus infections has been contained, the vaccination rate is rising and there are prospects for continuing relaxations of lockdown rules in more and more regions. This good news quickly lifted the spirits of small and medium-sized enterprises in May, sending confidence levels back into positive territory for the first time since the start of the pandemic. The rise is bolstered primarily by a much more optimistic outlook on the coming six months. But although it is all systems go for the economy, it is also good advice to be gentle with the accelerator. Lifting regulations too quickly could still put Germany at risk of gambling away the most recent successes in containing the pandemic.

KfW-ifo SME Barometer May 2021

Press release

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