Press release -
ifo Export Expectations in Free Fall (April 2020)
Sentiment among German exporters is in free fall. In April, the ifo Export Expectations for manufacturing plunged from minus 19.0 points to minus 50.0 points. This is the lowest value ever measured, and the severity of the decline is also unprecedented. The coronavirus pandemic is leaving deep scars on export markets.
Sentiment among German exporters is in free fall. In April, the ifo Export Expectations for manufacturing plunged from minus 19.0 points[1] to minus 50.0 points. This is the lowest value ever measured, and the severity of the decline is also unprecedented. The coronavirus pandemic is leaving deep scars on export markets.
Clemens Fuest
President of the ifo Institute
Link
Contact