Germany's Chambers of Commerce: Brexit will hurt business for German firms

The president of Germany's DIHK Chambers of Commerce was on the wires earlier today, via Reuters, noting that Brexit will significantly hurt German firms' business with the UK and investment will decline strongly in the long term.

Key Headlines:

We should expect further declines in trade in coming months

Investment will significantly weaken in long term

4/10 companies expect business to weaken

1/10 already planning to withdraw investment from Britain

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Ireland Retail Sales (YoY) declined to 1.1% in February from previous 4.9%

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