The Ifo Institute for Economic Research is a leading economic research organization based in Munich, Germany. Founded in 1949, it focuses on providing empirical economic analysis and policy advice. The institute conducts various studies and surveys, contributing valuable insights into economic trends and conditions in Germany and beyond. Ifo is well-known for its Ifo Business Climate Index, which gauges the economic sentiment of businesses. This index is widely used by policymakers, economists, and businesses to assess the economic outlook. The institute also publishes reports and organizes conferences to disseminate its research findings.