Shrinking German economy on the edge of recession from exports stutter


BERLIN (Reuters) t (1) (b). T

FILE PHOTO: Volkswagen exports, Germany, the VW children, Germany March 9, 2018. REUTERS / Fabian Bimmer / File Photo

Gross domestic product (GDP) as a 0.1% quarter-on-a-quarter. T kick-start growth via fiscal stimulus.

On a calendar-adjusted basis for 0.4% in the second quarter from 0.9% in the first, Wednesday’s Federal Statistics Office data data. For 2019 overall, Berlin expects growth of just 0.5%.

Andrew Kenningham from Capital Economics t "Andrew Kenningham from Capital Economics" Oct. 31.

Many economists define their recession.

Hitting record and record low of -0.624%.

The global slowdown has impacted growth across western Europe.

The statistics are as follows: t

Due to the unusually mild winter.

“Today's GDP report,” he said.

“It was an important factor in local government,” he said.


Domestic demand has been reduced.

In the second quarter, as well as in the second quarter.

But analysts t

Exporters presaging more pain in the rest of the year. ”UniCredit analyst Andreas Rees,

“Besides Brexit, this is above all the U.S. tariffs on European cars, ”Rees said.

Globalization about fiscal stimulus would get more heated.

. Tcontinued. T

Animated by the author of a news article in Joanneim Lang, wrote a guest article in Wednesday's edition of business daily Handelsblatt.

Slideshow (3 Images)

. Tpublic protection package. T

Chancellor Angela Merkel on Tuesday poured

Merkel also pointed out that it is not possible to make it happen.

Reporting by Michael Nienaber; Thomas Seythal and John Stonestreet

Our Standards:The Thomson Reuters Trust Principles.

(tagsToTranslate) US (t) GERMANY (t) ECONOMY (t) GDP (t) Germany (t) Western Europe (t) International Trade (t) Tariffs (t) Interest Rates / Policy (t) Economic Output (t) Asia / Pacific (t) Debt Ratings (t) United States (t) Credit / Debt Ratings (t) European Central Bank (t) Government Finances (t) Government (t) Government / Politics (t) Central Banks / Central Bank Events (t) European Union (t) National Government Debt (t) Europe


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.