German Economy Seen Muddling Through Slew of Global Risks

German Economy Seen Muddling Through Slew of Global Risks

(Bloomberg) --

Economists predict Germany will avoid a recession but the picture they paint of future growth is dire given global trade conflicts and political uncertainty. According to a Bloomberg survey, output in Europe’s largest economy stagnated in the third quarter and will rise more slowly from there than previously forecast. Respondents project an annual expansion of 0.6% for this year and 0.9% for 2020.

©2019 Bloomberg L.P.

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