Sunday, May 18, 2008

German consumer confidence jumps, Australian business confidence drops off (AFP)

File photo shows shoppers in a Berlin department store. Consumer sentiment has risen sharply in Germany as indicators highlight global slowdown beginning to pinch in Europe's biggest economy(DDP/AFP/File/Philipp Guelland)AFP - Consumer sentiment has jumped in Germany just as other economic indicators show the Europe's biggest economy beginning to feel the pinch of a global slowdown, a widely watched survey showed Monday.

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