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2021-02-23 13:50:51 GMT2021-02-23 21:50:51(Beijing Time) Xinhua English
BERLIN, Feb. 23 (Xinhua) Sentiment of Germany s manufacturing industry improved noticeably as the ifo index for export expectations rose from 7.5 points in the previous month to 10.7 points in February, the ifo Institute said on Tuesday.
The ifo export index that reflects German companies export expectations for the next three months climbed to the highest level since September 2018, according to the monthly ifo survey among 2,300 German manufacturers. China s good economic situation and an increase in U.S. production are helping German exporters, said President of the ifo Institute Clemens Fuest in a statement.