Regional evaluation for Saxony of the Ifo Business Survey in November 2012 Business Climate in Saxony Improves Slightly
The Ifo Business Climate Index for German industry and trade rose again in November for the first time after six successive decreases. Climate indicators in Eastern Germany and Saxony also improved this month. Saxon firms in industry and trade assessed their current business situation as more satisfactory than last month. How-ever, they expressed greater pessimism regarding future business developments.