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.