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In January, a significant portion of self-employed individuals in Germany expressed concerns over a dwindling number of contracts, as revealed by the latest ifo survey. With only 47.9% reporting sufficient contracts, up from 45.3% in October, the situation signals potential economic challenges ahead.

The Jimdo-ifo Business Climate Index for Self-employed paints a grim picture, with sentiments plummeting to -22.6* points, indicative of a broader sense of pessimism prevailing among independent professionals for the foreseeable future.

https://www.ifo.de/fakten/2024-02-19/wachsender-auftragsmangel-belastet-geschaefte-von-selbstaendigen#:~:text=Seit%20August%202021%20berechnet%20das,liegt%20jedoch%20auf%20dem%20Dienstleistungssektor.