Material bottlenecks and rising energy prices are slowing down a stronger upswing in the Saxon economy - especially in industry.
This emerges from the autumn economic survey published on Monday by the Saxon Chambers of Commerce and Industry.
60 percent of the companies surveyed also named a shortage of skilled workers as a risk factor.
Dresden / Chemnitz / Leipzig - Despite the uncertainties, the companies surveyed rated their current situation better and were also more optimistic about the coming months.
The IHK business climate index rose from 98 points in the spring to currently 122 points.
That was a two-year high and even surpassed the pre-crisis level, it said.
This clearly brightened the overall mood.
This was ensured, for example, by the withdrawal of numerous corona restrictions in the summer and a revival in the industry.
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The inflation rate in Hessen is four percent
Consumer prices have continued to rise in Hessen.
In September 2021, according to the State Statistical Office on Thursday, there was an increase of four percent compared to the same month last year.
The inflation rate was 3.7 percent in August and 3.4 percent in July.
As in the previous months, the increase is largely due to the fact that VAT was temporarily reduced in the same period of the previous year.
The inflation rate in Hessen is four percent
The mood in the auto industry is falling again
The mood in the automotive industry is getting worse and worse.
The industry is still struggling with delivery bottlenecks.
The mood in the auto industry is falling again
Autumn brings momentum to the job market
The end of the summer vacation and the start of training for many young people gave Saxony's job market a boost.
Unemployment has fallen sharply, especially in the group of young people.
Autumn brings momentum to the job market
Accordingly, a good half (51 percent) of the industrial companies were satisfied with the current business, but were somewhat more cautious with the outlook.
The picture is similar in the construction industry: utilization has risen significantly, but persistent material and delivery bottlenecks are slowing down enthusiasm.
Almost 1,800 companies with around 99,000 employees took part in the economic survey in September this year.
dpa
