German consumer mood clouds over in July

  • News Digest

Jun 27, 2019-

FRANKFURT AM MAIN: Germans’ view of the economy heading into July has darkened, a regular poll published Wednesday found, as global trade conflicts weigh on hopes for a continuing job boom. Pollsters GfK said their forward-looking consumer confidence barometer fell 0.3 points compared with June, to 9.8. The survey of around 2,000 people looks at expectations for economic activity and salaries, as well as their openness to making purchases. For July, consumers’ view of the prospects for the whole economy ended a slide that began in 2018 with a slight increase, but remained at “a comparatively low level,” GfK said. (AFP)

Published: 27-06-2019 09:49

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