GfK research group: Private consumption in Germany is expected to grind to a halt this year due to the credit crises - Je 25.09.2008 8 UTC
Simon PuehlerSeptember 25, 2008
Private consumption in Germany is expected to grind to a halt this year due to the credit crises. That's the forecast of the GfK research group, which says consumer sentiment will peak in October, prompting many to tighten their pursestrings.