
Germany’s export expectations dipped to -3.9 in June from -3 in May, as per the ifo Institute.
The wearing apparel sector showed the weakest outlook at -32.6, while textiles was at -8.5.
The chemical industry posted -3.8, reflecting moderate negativity.
Ongoing tariff uncertainties with the US continue to dampen sentiment, according to ifo’s Klaus Wohlrabe.