The mood in eastern German companies brightened again slightly in March. The business climate index for the regional economy rose by 0.4 points to 88.1 points, according to the Ifo Institute in Dresden. Although the companies surveyed assessed their current situation slightly worse than in February, their expectations for the coming months were more optimistic.
In the manufacturing industry, the business climate deteriorated slightly. Although companies improved their assessment of the current situation slightly, they were still somewhat more pessimistic about the future than in the previous month.