German recession 'possible' during 3rd quarter: Bundesbank

19 Aug, 2019

"The economy could contract again slightly" this summer, Germany's central bank said in its monthly report, following a 0.1-percent decline in gross domestic product in the second quarter. "According to data currently available, industrial production is expected to shrink markedly in the current quarter as well."

Copyright AFP (Agence France-Press), 2019
 

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