(Finance) – Sentiment in the sector ofGerman exports worsenedIfo export expectations in August fell to minus 4.8 points compared to minus 2.2 points in July. “Exporters are currently not benefiting from the economic growth of other European countries,” he says Klaus Wohlrabe, Head of Ifo Surveys. “For the time being, the export industry is not driving growth in the German economy.”
The producers of leather goods and the food and beverage industry they foresee a export growth. THE’chemical industry and the producers of computers provide stability of exports. For thefurniture industry The outlook abroad has become noticeably gloomier. After having planned growth in the previous month, it now expects a decline in orders from abroad. Theautomotive industry and metal manufacturing and processing forecast a decline of international sales.