In October 2023, the ifo Business Climate balance for the German manufacturing industries was at -15.9 points, which was an increase compared to the previous month. August saw the weakest month in 2023 with figures dropping as low as -16.5.
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ifo Institut. (October 25, 2023). ifo Business Climate balance value for the manufacturing sector in Germany from October 2023 to October 2023 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 28, 2026, from /statistics/1279794/business-climate-balance-ifo-manufacturing-germany/
ifo Institut. "ifo Business Climate balance value for the manufacturing sector in Germany from October 2023 to October 2023." Chart. October 25, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 28, 2026. /statistics/1279794/business-climate-balance-ifo-manufacturing-germany/
ifo Institut. (2023). ifo Business Climate balance value for the manufacturing sector in Germany from October 2023 to October 2023. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 28, 2026. /statistics/1279794/business-climate-balance-ifo-manufacturing-germany/
ifo Institut. "Ifo Business Climate Balance Value for The Manufacturing Sector in Germany from October 2023 to October 2023." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 25 Oct 2023, /statistics/1279794/business-climate-balance-ifo-manufacturing-germany/
ifo Institut, ifo Business Climate balance value for the manufacturing sector in Germany from October 2023 to October 2023 ÌÇÐÄÆÆ½â°æ, /statistics/1279794/business-climate-balance-ifo-manufacturing-germany/ (last visited July 28, 2026)
ifo Business Climate balance value for the manufacturing sector in Germany from October 2023 to October 2023 [Graph], ifo Institut, October 25, 2023. [Online]. Available: /statistics/1279794/business-climate-balance-ifo-manufacturing-germany/