LATEST NEWS : Zero growth best hope for Germany as confidence disappears

German business confidence continued to deteriorate in October amid fears that the eurozone could enter a triple-dip recession.

The Ifo Economic Institute’s closely-watched business climate index tumbled to 103.2 in October, from 104.7 in September. This was well below economists’ expectations of a slight fall to 104.5 and represents the sixth consecutive monthly decline.

continue reading at telegraph.co.uk

0 Comments

Leave a comment

Your email address will not be published. Required fields are marked *