Nation and World News

top news | u.s. | world | business | sports | health | tech | arts | search AP |
Oct 13, 5:37 AM EDT

German investor confidence down as VW adds to worries

Latest News
Germany's top-selling daily combats ad blockers

Germany: prosecutors probe mock gallows at PEGIDA rally

German investor confidence down as VW adds to worries

Germany's Merkel to visit Turkey on Sunday

Historic German nutcracker company declares bankruptcy

Exhibit Honors Soviet Photographer
Buy AP Photo Reprints
A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
UK consumer prices fall due to cheaper food, fuel

German investor confidence down as VW adds to worries

How Nobel winner's work links international aid and poverty

The top universities for producing Nobel-winning economists

Angus Deaton wins Nobel economics prize for work on poverty

Puerto Rico to restructure Education Department amid crisis

Clinton seeks crackdown for those breaking Wall Street rules

Egypt's foreign reserves fall as devaluation expected

NY comptroller: Wall Street profits hit $11.3B in 6 months

IMF downgrades forecast for world, emerging market economies

Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt
Berlin Wall: 20 Years Later

BERLIN (AP) -- A survey shows investor confidence in Germany, Europe's biggest economy, has fallen for the seventh consecutive month as concern about the fallout from the Volkswagen scandal adds to worries about weak growth in emerging economies.

The Center for European Economic Research, known by its German acronym ZEW, said Tuesday that its monthly index dropped to 1.9 points for October from 12.1 last month. That's below the long-term average of 24.8 points and off a peak in March of 54.8.

ZEW chief Clemens Fuest said that, while the VW emissions-rigging scandal and emerging market weakness have dampened the economic outlook, "the performance of the domestic economy is still good and the euro area economy continues to recover," making a recession unlikely.

© 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.