Growing number of German companies fears that world economy will demonstrate decline within next twelve months, Reuters writes with the reference to survey of DIHK Chamber of Commerce.

About 25% of companies expect economic downturn, which will influence their business. It shall be noted that this share was 10% in spring. Only 27% expect better economic conditions compared with 40% in previous survey.

Trade war between the US and China, risk of UK’s exit from European Union without deal, as well as concern about financial policy of Italy that could spark another debt crisis in euro area, put pressure on corporations’ outlook.