German auto industry sentiment jumps in July, Ifo survey says

NAMPA / DPA

2026-08-05

Munich (dpa) - Business sentiment in Germany's automotive industry improved sharply in July, although it remained in negative territory, according to a survey released by the Ifo economic institute on Wednesday. The Munich-based institute's monthly business climate index for the sector rose by 6 points to minus 15.6. The improvement was driven by companies' expectations, which climbed to minus 0.1 points, their highest level in more than three ye......

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Economy

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summer

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summer

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