German consumer morale drops as recession fears spread, GfK says
Published on: Monday 29 July 2019
The GfK consumer sentiment indicator, based on a survey of about 2,000 Germans, edged down to 9.7 from 9.8 a month earlier. "The trade war with the United States, ongoing Brexit discussions and the global economic slowdown continue to drive fears of a recession," GfK researcher Rolf Buerkl
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