31 August 2011 20:27 [Source: ICIS news]
The increase would come after
DIW Berlin said while
DIW economics expert Ferdinand Fichtner said the turbulence on stock markets contributed to uncertainty among consumers.
However, the stock market declines, while considerable, have to be compared against the strong increases in share prices over the past two years, he said.
“The turbulence is no reason for panic,” he added.
For the full 12 months of 2011, DIW expects
Read Paul Hodges’ Chemicals and the Economy Blog
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections