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MNI (London)
LONDON (MNI)
German exporter optimism rose further in June, as industry is benefiting from the global catch-up after the covid crisis, the Ifo institute noted Friday.
Expectations rose to 26 in June, after rising to 22.5 in May, hitting the highest level since January 2011. Sentiment increased in almost all sectors except for the clothing industry where international sales are still forecast to decline. Following a dip last month, the automotive industry expects exports to pick up as well in June.
Source: Ifo Institute
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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