Friday, August 30, 2019

Forbes: More Bad News For Germany's Economy

By SIMON CONSTABLE

The bad news just keeps on coming for Europe's largest economy, Germany.

Already we know that the German economy contracted in 0.1% in the second quarter. But mounting evidence now suggests that the third quarter will offer a repeat performance of declining output.

If that happens the country would officially be in a recession, which is generally defined as two back-to-back quarters of negative growth. Read more here.

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Fin said...
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