Reuters reports that the Economy Ministry said that Germany's economic recovery continued until October but has slowed since August, and lockdown measures implemented to slow the spread of the coronavirus hit the economy in November.

The ministry said it did not look like the recovery would end in the fourth quarter though, as long as restrictions remain limited.

The German government's council of economic advisers on Wednesday said it expected Europe's largest economy to shrink less than initially feared this year thanks to a strong summer, but a second wave of the COVID-19 pandemic was clouding the growth outlook for 2021.