In June, German industry considered its export opportunities more gloomy
German industry export expectations deteriorate
Sentiment among German exporters deteriorated slightly. The mood index, which quantifies ifo’s export expectations fell to 3.7 points in June from 4.4 points in May.
In addition to logistical problems, the outlook for the German export sector is deteriorating mainly due to a high degree of geopolitical uncertainty. (MTI)
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