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32 1.3 Business climate in Germany is on all-time high, consumer confidence is on the ascent, but below pre-crisis level Source: Ifo Institute , GfK Strongsignals for trust in the futuredevelopment 102.0 83.0 Lowestvalue Mar2009 value Feb2011 103.5 82.3 107.9 Jan2006 Jan2007 Jan2008 Jan2009 Jan2011 Jan2010 95.9 111.2 Highest 5.5 4.0 4.5 8.6 Lowestvalue Sep2008 Highest value Nov2006 2.2 9.1 1.5 3.4 110.3 Feb2011 5.8 Jan2006 Jan2007 Jan2008 Jan2009 Jan2011 Jan2010 Ifo Business Climate, Germany [index value, 2000 = 100] Consumer Confidence Index, Germany [index value] 33 39 35 21
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