Slight upswing expected: Dresden economic researchers predict a positive year for Saxony

Slight upswing expected: Dresden economic researchers predict a positive year for Saxony

The Ifo Institute in Dresden issued a new economic forecast for the coming year: An upswing is expected in the coming year, but it will have little momentum. Professor Joachim Ragnitz names problem children and bearers of hope in Saxony. He expects that many Saxons will have more money in their pockets in the coming year and will be happy to spend it because of declining inflation. Trade and gastronomy in Saxony will grow again, according to the Ifo researchers.

The Ifo Institute's forecast is a positive signal for the economy in Saxony. An expected recovery could boost economic activity in the region and create jobs. This will also help increase consumer spending and increase retail sales. Additionally, an increase in economic activity in the region could help improve the overall investment climate, which in turn could have a positive impact on the market.

However, according to the Ifo Institute's forecast, the upturn in the coming year could only be slight. This could indicate that the economic recovery in Saxony is gradual and will take longer. Nevertheless, an upturn is a positive sign for the economy and could contribute to a gradual recovery.

According to a report by www.saechsische.de.