• German economy ministry says does not expect bigger economic downturn

Market news

13 September 2019

German economy ministry says does not expect bigger economic downturn

  • We do not see a pronounced recession to follow

  • However, indicators don't point to an economic turnaround either

  • Exports are moving sideways at the moment

  • Private consumption still providing noticeable support to the economy

  • Recovery in industrial sector not in sight after weak start to Q3

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