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You are here: Home / News / German business confidence holds up amid trade worries

German business confidence holds up amid trade worries

September 24, 2018 sfgate Leave a Comment

Updated 1:51 am PDT, Monday, September 24, 2018 A car with a breakdown stands on the emergency lane on a highway in Frankfurt, Germany, as thousands of commuters pass by early Monday, Sept. 24, 2018. A car with a breakdown stands on the emergency lane on a highway in Frankfurt, Germany, as thousands of commuters pass by early Monday, Sept. 24, 2018. Photo: Michael Probst, AP Photo: Michael Probst, AP Image 1 of / 1 Caption Close Image 1 of 1 A car with a breakdown stands on the emergency lane on a highway in Frankfurt, Germany, as thousands of commuters pass by early Monday, Sept. 24, 2018. A car with a breakdown stands on the emergency lane on a highway in Frankfurt, Germany, as thousands of commuters pass by early Monday, Sept. 24, 2018. Photo: Michael Probst, AP German business confidence holds up amid trade worries 1  /  1 Back to Gallery FRANKFURT, Germany (AP) — Business confidence in Europe’s largest economy fell only slightly in September despite worries about trade disputes that could harm growth. The Ifo institute survey of the outlook among business executives in Germany eased to 103.7 points from 103.9 in August. Ifo institute head Clemens Fuest said Monday that the reading shows the German economy remained “stable, even if uncertainty is growing.” Germany’s economy is heavily dependent on global trade, and businesses have been unsettled by new tariffs imposed by U.S. President Donald Trump and the retaliation by China and other trade partners. Europe’s economy… [Read full story]




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