Christoph Zeiner

The German automotive industry hopes to see a slow recovery in the coming months. This is the finding of the ifo Institute’s latest Business Survey. Business expectations have taken a clear positive turn for the first time in seven months. The expectations indicator rose from minus 11.9 points in May to plus 27.7 points in June. 

German industry’s order books were almost unchanged in January, bringing to an end to the downward trend that took hold in spring 2019. This is the result of the latest ifo Business Climate survey, according to which the index rose from minus 8.4 points to plus 0.2 points in January, i.e., before the spread of the coronavirus had reached its full extent.

L'industrie allemande a enregistré un volume de commandes quasiment inchangé au mois de janvier. Pour la première fois depuis le printemps 2019, le volume des commandes a donc cessé de diminuer. C'est ce qui ressort de la toute dernière enquête de l'Institut ifo selon laquelle l’indice correspondant a progressé de – 8,4 points à + 0,2 point au cours du mois de janvier, soit avant que la propagation du coronavirus n’atteigne sa pleine ampleur.