The mood among German investors plummeted in August to its most pessimistic sinc...
BERLIN - The mood among German investors plummeted in August to its most pessimistic since the peak of the euro zone debt crisis, a leading survey showed on Tuesday, heightening concerns that Europe’s biggest economy is heading for recession.
Economic sentiment among investors fell to -44.1 from -24.5 in July, its lowest since Dec. 2011 and way short of expectations for a dip to -28.5. Data on Wednesday is expected to show German gross domestic product shrank marginally quarter on quarter between April and June, and economists are scaling back their already modest forecasts for the third quarter.
“This will most likely put a further strain on the development of German exports and industrial production.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
German exports to Iran halve in first half as U.S. sanctions biteGerman exports to Iran fell by nearly half in the first six months of 2019, data...
Lire la suite »
German Drama ‘Dark Woods’ to Dramatize Real-Life Missing Woman MysteryProduction has started on German crime drama ‘Dark Woods,’ based on the 1989 disappearance of a woman who was the sister of a high-ranking German police officer. It will star Matthias Brandt (“Baby…
Lire la suite »
Rebic hat-trick sends Frankfurt into German Cup second roundEintracht Frankfurt's Croatian striker Ante Rebic scored a 12-minute hat-tr...
Lire la suite »
German minister prepares law to ban plastic bagsGermany plans a law to ban the use of plastic bags because voluntary agreements ...
Lire la suite »