Regional evaluation for Saxony of the Ifo Business Survey in June 2013
Dynamic in Saxon Economy Slows Slightly
The Ifo Business Climate Index for German trade and industry continued to creep upwards in June. In contrast to this development, the climate indicators for Eastern German overall and for Saxony dropped clearly. The Saxon companies surveyed particularly assessed their current business situation less positively than last month. They were also slightly more pessimistic about business developments over the next six months than in May.