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ISTANBUL
Germany’s export sentiment declined to minus 1 point in June, down from plus 0.2 points in May, according to the ifo Exports Expectations index.
The Munich-based research institute ifo revealed on Tuesday that computer and electronic product manufacturers in Germany expect a notable increase in exports, as well as furniture makers.
“Mechanical engineering and electrical equipment manufacturers expect export business to remain constant, as do the chemical industry and automakers,” said Ifo.