Appendix to the Management Report
Optimists gaining the upper hand again
(04.09.2018) The Ifo Business Climate for industry and trade in North Rhine-Westphalia deteriorated in August. According to the results of the Ifo Business Climate Survey, companies no longer rated their current situation quite as favourably as before. Unlike the previous month, however, most of them were again optimistic about the near future.
Since April 2018, the ifo Institute has published the Ifo Business Climate for Germany including the services sectors. These industry data are currently not available to NRW.BANK for North Rhine-Westphalia, which is why the Bank will continue to analyse the data for industry and trade (manufacturing sector, construction sector, retail and wholesale sectors) for the time being.