Return ifo climate data

Return ifo climate data

Usage

ifo_climate(type = c("import", "export", "world", "euro"))

Arguments

type

character(1) Defaults to "import". One of:

• "import": returns the ifo import climate.

• "export": returns the ifo export climate.

• "world": returns the ifo world economic climate.

• "euro": returns the ifo world economic climate for the euro zone.

Value

A data.frame() containing the monthly ifo climate time series.

References

Grimme C, Lehmann R, Nöller M (2018). “Das ifo Importklima – ein erster Frühindikator für die Prognose der deutschen Importe.” ifo Schnelldienst, 71(12), 27–32.

Grimme, Christian, Lehmann, Robert, Nöller, Marvin (2021). “Forecasting imports with information from abroad.” Economic Modelling, 98, 109–117.

Examples

# \donttest{
ifo_climate("import")
#> # A tibble: 355 × 2
#>    yearmonth   climate
#>    <date>        <dbl>
#>  1 1995-01-01  0.315  
#>  2 1995-02-01  0.502  
#>  3 1995-03-01  0.116  
#>  4 1995-04-01  0.270  
#>  5 1995-05-01  0.364  
#>  6 1995-06-01 -0.0460 
#>  7 1995-07-01  0.00216
#>  8 1995-08-01 -0.0651 
#>  9 1995-09-01 -0.251  
#> 10 1995-10-01 -0.445  
#> # ℹ 345 more rows
# }