- Germany's Bundesbank: Economic activity could shrink over the summer due to weak industrial activity
Market news
19 August 2019
Germany's Bundesbank: Economic activity could shrink over the summer due to weak industrial activity
- Euro area economy growing at a subdued pace in Q3
- Sees first signs of downturn in the labour market
- German economic outlook remains unclear, hinges on exports
- It is unclear if exports will regain their footing before the domestic economy becomes more severely affected
- Sees risk of the German economy entering a recession
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