German export sentiment at highest level since Feb 2022 – Ifo

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German export sentiment at highest level since Feb 2022 – Ifo
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Sentiment among German exporters has rebounded to the highest point seen since the outbreak of war in Ukraine last year, according to a survey by the Ifo economic institute released. | Reuters

In Germany’s automotive industry, export expectations have improved noticeably, Ifo said. Optimism has also returned to the chemical industry, where the indicator climbed to its highest level since September 2021.

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