News from 2025-03-05 / KfW Research

KfW-ifo SME Barometer February 2025

Sentiment among SMEs has not improved

After improving minimally at the start of the year, the sentiment of small and medium-sized enterprises has declined again at a similar rate. It remains well below the historic average. Situation assessments and business expectations fell equally. The sawtooth shape of the business cycle that has prevailed in Germany for three years is likely to continue.

KfW-ifo SME Barometer February 2025

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