The ifo Business Climate Index fell to 87.7 points in September, down from 88.9 points in August.
In manufacturing, the index declined. In the service sector, the business climate deteriorated noticeably. In trade, the business climate worsened, driven by more pessimistic expectations. In construction, the index increased again following last month’s setback. 

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