The "Ifo World Economic Climate" and "Ifo Economic Climate for the Euro Area" are produced from the "Ifo World Economic Survey." Traditionally, the results are expressed in two forms, fixed-based index and balance of opinion.
1. The source has terminated the indexed values due to their limited global comparability. In response, we have marked these series as "discontinued" in their metadata and the catalog. They run from 1990Q1 to 2016Q4.
2. For balance of opinions, the scale has been changed from (1 to 9) to (-100 to +100). In response, we have replaced the existing series (1990Q1 to 2016Q4) by archiving with an "_16" specifier. The replacements have an unchanged start date and standardized mnemonics.
The series reside in the historical catalog (Germany » Cyclical Indicators » Ifo Business Climate Indicators » Euro Area | World) and include, for example:
- CI%BSBCLOE_16UQ.IDEU = [DISCONTINUED] Ifo World Economic Survey: All sectors - Expectations for next 6 months, (Bal. of opinion, NSA)
- CIIBSBCLCEUQ.IDEU = [DISCONTINUED] Business Survey: World Economic Climate for the Euro Area - Present Situation (2005=100, NSA)
- CI%IFCNFTTCUQ.IEUZN = Ifo World Economic Survey: All sectors - Current business situation, (Bal. of opinion, NSA)
- CI%IFCNFTTTUQ.IWRLD = Ifo World Economic Survey: All sectors - Business climate, (Bal. of opinion, NSA)
Because catalog locations are subject to change, the upper-right search box on DataBuffet.com provides a "find in catalog" mode that accepts a mnemonic.
Please be aware that:
- The predecessors use the geo code "IDEU" because the source is German. Conversely, the replacements use the geo codes "IEUZN" and "IWRLD" to indicate their scope.
- The concept codes of the replacements have been standardized. If you have legacy retrievals, you will need to amend them.
- The "business climate" represents the combination of the "present situation" and "expectations."
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