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Germany: Ifo, sentiment among exporters improved

Expecations of manufacturing index at 2011 levels

27 April, 10:36
(ANSA) - BELGRADE, APR 27 - In April, the ifo Export Expectations in manufacturing rose from 23.8 points to 24.6 points, the highest level since January 2011, the Ifo institute said today, stressing that "sentiment among German exporters has improved." Expectations are extremely optimistic in the electrical and electronics industries and for manufacturers of machinery and equipment as well. "Only for clothing manufacturers and in other vehicle construction is the picture less rosy: both are expecting international sales to decline," Ifo said. (ANSA).

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