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2026-08-26, 08:58

ifo: Export Expectations in Germany Rise Sharply in August

Sentiment in the German export industry has improved considerably. The ifo Export Expectations rose to +9.6 points in August, up from -2.8 points in July. That’s the highest figure since February 2022 and the sharpest increase since June 2020. “The export industry is picking up speed,” says Klaus Wohlrabe. “Exports particularly to the EU are booming, while exports to China continue to be sluggish.”

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Manufacturers of electrical equipment continue to be very optimistic, as do manufacturers of data processing equipment and electronic and optical products. The growing digitization of the economy and the high investment in AI doubtless play a role in that. The automotive industry is also far more optimistic about its export prospects. New confidence is also emerging among manufacturers of metal products. By contrast, the paper industry and companies in metal production and processing expect exports to decline.

More information: www.ifo.de

ifo Institut für Wirtschaftsforschung e.V., München



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