A leading German market research group has said German consumer confidence has remained unfazed by the terror attacks in Paris and the rising likelihood of such attacks in Germany. A robust labor market is key.
Increase in perception of local job prospects, decline in points for and power of investment
Consumer confidence has grown significantly since the new presidential elections in 2013, with Egypt slowly beginning to get back on track and achieve more economic stability
Experts attributed lack of confidence to insecurity, expensive living and political uncertainty
Optimism for local jobs prospects declined nine points
Report shows a drop in confidence in economic policies
Mr Ram Mohan Rao, the Managing Director of Nielsen talks to the Daily News Egypt
“Egyptians trust in their abilities and resources and this is how they trust their country can come out of this recession,”
