Gloomy out­look for Ger­man man­u­fac­tur­ers

China Daily (Canada) - - BUSINESS -

Ger­man man­u­fac­tur­ers’ ex­pec­ta­tions in ex­port growth fell no­tably in April com­pared with last month, research group Ifo in­sti­tute re­ported on Tues­day. The out­look value fell to 4.0 bal­ance points in April from 6.3 bal­ance points in­March, the think tank said. Ac­cord­ing to the re­port, com­pa­nies in the au­to­mo­tive sec­tor were far more pes­simistic than last month and ex­pect their ex­ports to stag­nate. Com­pa­nies in the pa­per and print­ing sec­tors were not ex­pect­ing forth­com­ing in­creases in ex­ports, ei­ther. Only com­pa­nies in

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.