National economyGerman industry's export expectations have fallen
SDA
25.9.2024 - 09:42
The already gloomy mood in the German export industry has deteriorated further. The Munich-based Ifo Institute's monthly index of export expectations fell to minus 6.3 points in September after minus 5.2 points in August.
25.09.2024, 09:42
SDA
The majority of companies assume that fewer foreign orders will be received in the coming months. "The export industry is in a weak phase," explained Klaus Wohlrabe, Head of Ifo Surveys, on Wednesday. The metal sector and automotive industry in particular are expecting significant losses.