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German Economy Seen Muddling Through Slew of Global Risks
German Economy Seen Muddling Through Slew of Global Risks
09 Sep 2019, 03:46 PM IST
(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.
To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net
To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Zoe Schneeweiss, Sheldon Reback
©2019 Bloomberg L.P.
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