German business confidence shaken as economy fails to grow

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Inflation remains at 6.2 per cent, above the 5.3% euro average

The International Monetary Fund predicts that Germany, Europe’s largest economy, will be the only advanced economy to shrink this year. It has forecast a German contraction of 0.3 per cent compared to 0.9 per cent growth on average for others in the survey.

As with official forecasts, the Ifo survey of 9,000 managers flagged as the main problems weak purchasing power, emptying industry order books and a slowdown in the Chinese economy – on top of the tighter monetary policy from the European Central Bank. “If impulses are not to be expected from industry or private consumption, the German economy is likely to remain in difficulty.”

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 6. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين