News from 2024-10-01 / KfW Research
KfW-ifo SME Barometer September 2024
SME sentiment has fallen but remains slightly more stable than in large enterprises
The mood among small and medium-sized enterprises in Germany remains on a downward trend. Business sentiment fell for the fifth straight month in September to -19.4 balance points. Even so, the rate at which sentiment has clouded over has at least slowed to -0.6 points and expectations have improved slightly. Situation assessments, however, have worsened noticeably. Employment expectations of small and medium-sized enterprises and especially of large enterprises are also clearly negative now.
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