Konjunktur: Ifo: Stimmung in der Autoindustrie sackt ab
Die Exporterwartungen, die zuletzt noch zu Hoffnung Anlass gegeben hatten, geben jetzt drastisch nach.
Munich. The mood in Germany's automotive industry has significantly deteriorated, according to the Ifo Institute. In September, it plummeted a further 13 points to now minus 35, which is one of the worst values in recent years. The current business situation was rated much worse than before, with the score dropping from minus 6.1 to minus 31.3.
Business expectations have become even more negative, sitting at minus 38.6, but this has only decreased by 1.5 points since August. A major contributor to the decline is the export expectations, which experienced a sharp reversal this month. While they had risen strongly to 17.4 in August, they now sit at minus 15.1. The employment expectations, profit outlook, and order inventory have also taken a hit. "The automotive industry is still stuck in a crisis," said Ifo industry expert Anita Wölfl.
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