HomeautomobileGerman business sentiment for automakers improves in March, Ifo says

German business sentiment for automakers improves in March, Ifo says

By Nitika Verma

April 3, 2024

46

The business environment for German carmakers and their suppliers improved noticeably in March, a survey published by the Ifo economic institute showed on Wednesday.

Ifo’s business climate indicator for the sector rose from -9.9 in February to -5.8 points, the highest value since May 2023. Pic: Reuters

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