The ifo Business Climate Index fell in September to 85.4 points, from 86.6 points in August, the fourth decline in a row. In manufacturing, the index fell to its lowest level since June 2020. In the service sector, the business climate has declined. In trade, the index has fallen. In construction, the index climbed due to a decline in pessimistic expectations.

Source: ifo Institute
Post by: Republic of Türkiye Ministry of Trade