Sentiment among German exporters at highest since September 2018 - Ifo

BERLIN, Feb 23 (Reuters) - Sentiment among German exporters in the industrial sector posted another improvement this month, hitting its highest level since September 2018, the Ifo economic institute said on Tuesday.

“The strong performance of China’s economy and the pickup in production in the United States is helping German exporters,” Ifo President Clemens Fuest said.

The chemicals and engineering sectors see their exports rising, and automakers now also see orders from abroad growing again. The export expectations of electrical equipment hit their highest level since February 2018, Ifo said.

Overall, the export sentiment index rose to 10.7 points in February from 7.5 points in January, posting its third monthly rise in a row. (Reporting by Maria Sheahan Editing by Riham Alkousaa)