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German Auto Industry Confidence Weakens In February

Por: RTTNews Business March 03, 2023

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Optimism among Germany's automakers eased in February and they assessed the current economic situation as significantly worse as buyers were increasingly cautions amid fears of a recession, survey data from the ifo institute showed Friday.The confidence indicator for the automobile manufacturing industry more than halved in February, to 6 points from 12.5 points in January. Business expectations among automakers also eroded in February and... + full article



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