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ifo Business Climate Index for Saxony — 3 May 2024

ifo Business Climate Saxony: Climate Brightens Considerably (April 2024)

The ifo Business Climate in Saxony brightened considerably in April. The barometer of business sentiment in Saxony’s economy leapt from 91.8 to 95.5 points. The companies surveyed raised their assessments of the business situation enormously. Their business expectations also improved substantially compared to the previous month. Business in Saxony is much better again.

ifo Business Climate Index for Saxony — 3 April 2024

ifo Business Climate Saxony: Climate Warms Slightly (March 2024)

Not only did March bring a gradual rise in outdoor temperatures, but it also warmed up the business climate in Saxony. The barometer of business sentiment in Saxony’s economy rose from 90.2 to 91.6 points. The companies surveyed raised their assessments of the business situation significantly and their business expectations slightly compared to February.

ifo Business Climate Index for Saxony — 4 March 2024

ifo Business Climate Saxony: Sentiment Remains Subdued (February 2024)

The business climate in Saxony deteriorated slightly in February. The barometer of business sentiment in Saxony’s economy fell from 91.0 points in January to 90.2 points in February, marking the third month in a row to see a decrease. The companies surveyed assessed their business situation as marginally worse than in January; they reduced their expectations for the coming months slightly.

ifo Business Climate Index for Saxony — 2 February 2024

ifo Business Climate Saxony: Climate Cools Slightly (January 2024)

The business climate in Saxony cooled off slightly in January. The ifo Business Climate Index for the region’s economy fell to 91.0 points, down from 91.3 points in December. The Saxony-based companies surveyed assessed their business situation as slightly better than in December; they reduced their expectations for the coming months slightly.

ifo Business Climate Index for Saxony — 11 January 2024

ifo Business Climate Saxony: A Wintry Spell (December 2023)

The business climate in Saxony cooled noticeably in December. The ifo Business Climate Index for the region’s economy fell from 92.7 points to 91.3 points compared to the previous month. The Saxony-based companies surveyed assessed their business situation as noticeably worse than in November; they also reduced their expectations for the coming months, albeit only slightly.

ifo Business Climate Index for Saxony — 1 December 2023

ifo Business Climate Saxony Climbs (November 2023)

The business climate in Saxony improved considerably in November. The monthly sentiment barometer for the Saxon economy rose to 92.9 points. The Saxon companies surveyed assessed their current business situation as tangibly better than in October, and they raised their business expectations somewhat.

ifo Business Climate Index for Saxony — 6 November 2023

ifo Business Climate Index Saxony Jumps Higher (October 2023)

The business climate in Saxony improved significantly in October. The sentiment barometer for the Saxon economy rose to 91.1 points, 2.9 points higher than it was the previous month. Although the Saxon companies surveyed assessed their current business situation as only somewhat better overall than in September, they raised their business expectations considerably.

ifo Business Climate Index for Saxony — 2 October 2023

ifo Business Climate Saxony Cools Down Further (September 2023)

The business climate in Saxony deteriorated significantly in September. The barometer of business sentiment in Saxony’s economy fell from 90.7 points in August to 88.0 points. This is its fourth consecutive fall. The Saxony-based companies surveyed reported a noticeable deterioration in their business situation and are much more pessimistic about the future overall.

ifo Business Climate Index for Saxony — 1 September 2023

ifo Business Climate Saxony Cools Down Further (August 2023)

Saxony’s business climate cooled slightly in August. The barometer of business sentiment in Saxony’s economy fell from 92.1 points in July to 90.8 points in August, marking the third month in a row to see a decrease. Compared with the previous month, the companies surveyed were noticeably less satisfied with their business situation. They also slightly reduced their business expectations.

ifo Business Climate Index for Saxony — 1 August 2023

ifo Business Climate Saxony Still Declining (July 2023)

In July, the ifo Business Climate Index Saxony dropped notably. The barometer of business sentiment in Saxony’s economy fell from 94.2 points in June to 92.0 points in July. The Saxony-based companies surveyed assessed their current business situation as considerably worse than in the previous month and scaled back their business expectations somewhat. This is the second consecutive decline in the business climate.

ifo Business Climate Index for Saxony — 3 July 2023

ifo Business Climate Index Saxony Sees Steep Decline (June 2023)

The ifo Business Climate Index for Saxony fell sharply in June. The barometer of business sentiment in Saxony’s economy slipped from 99.4 points in May to 94.2 points in June. The Saxony-based companies surveyed assessed their current business situation as perceptibly worse than in the previous month and scaled back their business expectations considerably.

ifo Business Climate Index for Saxony — 1 June 2023

ifo Business Climate in Saxony Improves Moderately (May 2023)

The ifo Business Climate Index Saxony rose slightly in May. The barometer of business sentiment in Saxony’s economy climbed from 99.0 points in April to 99.6 points in May. The Saxony-based companies surveyed assessed their current business situation as marginally better than in the previous month and raised their business expectations slightly.

ifo Business Climate Index for Saxony — 2 May 2023

ifo Business Climate Saxony Sees a Clear Rise (April 2023)

The ifo Business Climate Index Saxony rose appreciably in April. The barometer of business sentiment in Saxony’s economy climbed from 96.8 points in March to 99.4 points in April. The Saxony-based companies surveyed reported a slight improvement in the business situation from the previous month and also raised their business expectations considerably.

ifo Business Climate Index for Saxony — 3 April 2023

ifo Business Climate Saxony Improves Moderately (March 2023)

The ifo Business Climate Index Saxony rose slightly in March. The barometer of business sentiment in Saxony’s economy climbed from 95.6 points in February to 96.8 points in March. The Saxony-based companies surveyed reported a somewhat less positive business situation than in the previous month but raised their business expectations considerably.

ifo Business Climate Index for Saxony — 2 March 2023

ifo Business Climate Saxony Improves Appreciably (February 2023)

The ifo Business Climate Index Saxony rose appreciably in February. The barometer of business sentiment in Saxony’s economy climbed from 93.6 points in January to 95.4 points in February. The Saxony-based companies surveyed reported a significantly better business situation than in the previous month and again raised their business expectations somewhat.

ifo Business Climate Index for Saxony — 2 February 2023

ifo Business Climate Saxony Remains at Previous Month’s Level (January 2023)

The ifo Business Climate Index Saxony fell marginally in January. The barometer of business sentiment in Saxony’s economy slipped from 93.7 points in December to 93.6 points in January. While companies in Saxony were slightly less satisfied with their current business situation than in the previous month, they raised their expectations slightly.

ifo Business Climate Index for Saxony — 10 January 2023

ifo Business Climate Saxony: Sentiment Improves Further (December 2022)

The ifo Business Climate Index Saxony rose considerably in December. The barometer of business sentiment in Saxony’s economy leaped from 91.8 points in November to 93.8 points. Assessments of the current business situation increased slightly and assessments of business expectations increased noticeably.

ifo Business Climate Index for Saxony — 1 December 2022

ifo Business Climate Saxony: Sentiment Rises Again (November 2022)

The ifo Business Climate Index for Saxony rose strongly in November. The barometer of business sentiment in Saxony’s economy climbed from 88.8 points in October to 91.7 points. The assessment of the current business situation and the business expectations of the companies surveyed increased significantly.

ifo Business Climate Index for Saxony — 2 November 2022

ifo Business Climate Saxony: Sentiment Remains Subdued (October 2022)

The ifo Business Climate Index for Saxony rose noticeably in October, but remains at a low level. The barometer of business sentiment in Saxony’s economy climbed from 87.1 points in September to 88.7 points. While companies in Saxony were slightly less satisfied with their current business situation compared with the previous month, they raised their business expectations appreciably.

ifo Business Climate Index for Saxony — 4 October 2022

ifo Business Climate Saxony Plummets (September 2022)

The ifo Business Climate Index Saxony fell significantly in September. The barometer of business sentiment in Saxony’s economy plunged from 91.1 points in August to 87.1 points. Compared to the previous month, companies in Saxony were again noticeably less satisfied with their current business situation. They sharply lowered their expectations for future business.