Sentiment in Germany’s export sector worsened further in October, a Reuters poll showed

BERLIN (Reuters) – Sentiment in Germany’s export industry darkened further in October, with the auto and steel sectors expecting the worst losses in international trade, according to a survey published on Monday.

The Ifo indicator of export expectations fell to minus 6.7 points from minus 6.5 points in September, the economic institute said in a statement.

“Currently, companies are not benefiting from positive economic developments in other countries,” said Klaus Vollrabe, head of Ifo research.

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