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FILE - In this June 6, 2014 file picture persons walk with shopping bags in Hamburg, Germany.  A closely-watched survey shows economic expectations among German consumers have "completely collapsed" over concerns about the conflicts in Iraq, Israel and Ukraine. The GfK institute said Wednesday Aug. 27, 2014  its latest index of economic expectations slid 35.5 points in August to 10.4 — the largest one-month decline since the survey began in 1980. Its headline forward-looking consumer climate indicator also fell to 8.6 for September from 8.9 in August. (AP Photo/dpa, Bodo Marks,file)
Photo by: Bodo Marks
FILE - In this June 6, 2014 file picture persons walk with shopping bags in Hamburg, Germany. A closely-watched survey shows economic expectations among German consumers have "completely collapsed" over concerns about the conflicts in Iraq, Israel and Ukraine. The GfK institute said Wednesday Aug. 27, 2014 its latest index of economic expectations slid 35.5 points in August to 10.4 — the largest one-month decline since the survey began in 1980. Its headline forward-looking consumer climate indicator also fell to 8.6 for September from 8.9 in August. (AP Photo/dpa, Bodo Marks,file)

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