The index dropped by 3.4 points to minus 9.6 units. Thus, the assessment remains below the zero line, which separates positive from negative expectations. The current situation, on the other hand, is assessed as almost unchanged from January, with the index increasing by 0.2 percent in February, the Wifo reported on Thursday. The Wifo Economic Climate Index fell by 1.6 to minus 6.7 points.

Especially in the important industrial sector (manufacturing of goods), the index for expectations declined. Due to high uncertainty, the barometer fell by 2.8 points to minus 19 points according to Wifo. The situation is also assessed negatively with minus 21.1 points, although the index rose by 1 point compared to the previous month.

(APA/Red)

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