Divergent European Export Sentiment Can’t Hide Brexit Worries — Panjiva


Divergent European Export Sentiment Can’t Hide Brexit Worries

Brexit 68 Business Sentiment 140 France 103 Germany 162

The direction of European business sentiment towards international trade diverged in November. German businesses’ export order expectations improved to a net positive 12.2% but remains well below the year-to-date average of 15.5%. Meanwhile sentiment in France fell to a net negative 10%, the worst since November 2016. The proximity of Brexit may be taking a toll on business sentiment – in Germany for example the investment-related engineering sectors saw a downturn in order expectations. While the EU and U.K. government have agreed the all-important customs arrangements they ...

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