Global

The German economy dodges recession

Germany narrowly avoided entering recession at the end of 2018. Having posted a contraction of 0.2 percent in the third quarter, growth was zero for the final quarter meaning Europe’s largest economy did not enter recession. The weak growth is blamed on a global and Eurozone slowdown, as well as falling consumer demand for cars and a 1.9 percent fall in German industrial production in late 2018.


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04/03/2019

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jakemorris



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