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Spend more at home, OECD tells Germany as investor mood darkens

Reuters  |  BERLIN 

By Joseph Nasr and Michael NienaberBERLIN (Reuters) - The mood among German investors is at its darkest in years with a tariff attack on the county's exports largely to blame, a survey showed, as one global economic body said the solution lay in spending more at home.The ZEW research institute's sentiment index fell to -16.1 in June from -8.2 in May, it said on Tuesday - the lowest reading since September 2012 and missing a consensus forecast of -14.0 in a Reuters survey.Weighing on morale were concerns about the new Italian government's commitment to the euro zone, but of potentially far ...

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First Published: Tue, June 12 2018. 19:19 IST