• Germany's DIHK Chamber of industry and commerce cuts 2019 GDP growth forecast for German economy to 0.6% from 0.9% previously

Notícias do Mercado

28 maio 2019

Germany's DIHK Chamber of industry and commerce cuts 2019 GDP growth forecast for German economy to 0.6% from 0.9% previously

  • German economy is under pressure, business outlook has deteriorated since start of year

  • industrial companies are struggling with slowing world economy

  • domestic economy won’t be able to decouple itself from difficult trade environment in the long run

  • business sentiment in retailing, construction remains very good, both sectors drive overall growth

  • expectations for foreign business hit lowest level in 10 years, "that’s an alarm signal"

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