Trade war fears up
Source: AFP |
00:01 UTC+8 July 26, 2018
|
Print Edition
Print Edition
CONFIDENCE among German business leaders fell slightly in July, a survey showed, as trade war fears weighed on the outlook for the future. The Munich-based Ifo institute’s monthly barometer, based on a survey of 9,000 businesses, shed 0.1 points for a reading of 101.7 this month. Levels of German business and investor confidence have fallen back in recent months, as companies weathered a growth slowdown in the first quarter and eyed an escalating tit-for-tat trade war.
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