(ANSA) - BELGRADE, 01 SET - The business sentiment among
German automotive manufacturers and suppliers slightly improved
in August, according to the latest IFO Business Survey, the
German IFO Institute said today. The industry's assessment
sentiment rose from -68.3 points in July to -34.8 points in
August, while business expectations fell slightly, down to 37.4
points from 40.9 points in July. Also, the production plans
index went down to 48.4 points after 49.4 points registered in
July.
"A light has gone on in the dark cellar," said Klaus Wohlrabe,
Head of Surveys at IFO, noting however that "the employment
situation remains strained, and companies are still planning to
move forward with layoffs." (ANSA).
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