Financial Times FT.com

Economy: Consumer caution slows recovery

Ralph Atkins

Published: December 5 2005 16:30 | Last updated: December 5 2005 16:30

For all the tales of German retail woe, the country’s consumers have apparently flocked to buy one product. Ist Deutschland noch zu retten? (Can Germany still be saved?) by Hans-Werner Sinn, the high-profile head of Munich's Ifo economics institute, has sold 120,000 copies and topped business best-seller lists.

The book’s retail success is piquant. Prof Sinn is an arch-proponent of the thesis that Europe's largest economy is being pulled apart by the forces of globalisation.

Germany and Wealth management

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