• German economy to shrink slightly in Q4 - economist

Notícias do Mercado

18 dezembro 2020

German economy to shrink slightly in Q4 - economist

Reuters reports that Ifo economist Klaus Wohlrabe said that the German economy will shrink by 0.4% in the last three months of 2020 before growing again early next year, as a lockdown to curb coronavirus infections has slowed recovery.

Wohlrabe said he expected the economy to grow by 0.6% in the first quarter, adding that industrial orders were looking good, driven by domestic customers.

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