German Retail Sector Faces Decline in September
The business climate in Germany’s retail sector worsened in September, as revealed by the latest Ifo Institute survey. Retailers assessed their current situation as slightly more negative compared to the previous month and showed growing concern about the months ahead.
Economic Policy Uncertainty Dampens Consumer Spending
According to Patrick Hoeppner, an Ifo expert, consumer uncertainty surrounding economic policy is affecting spending habits. As a result, the prospects for dynamic growth in private consumption remain bleak for the remainder of 2024. The cautious approach of consumers is contributing to the negative sentiment within the retail sector.
Retail Outlook for 2024
Given the current economic climate and concerns over policy direction, Germany's retail sector is likely to face continued challenges. The slowdown in consumer spending is expected to hinder growth, resulting in a subdued retail outlook for the rest of 2024.


Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Thailand Inflation Remains Negative for 10th Straight Month in January
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 



