GERMANY JUST NARROWLY AVOIDED RECESSION — BUT A DOWNTURN 'IS MORE LIKELY THAN NOT' IN 2020

Reuters Germany's economy narrowly avoided recession in the third quarter, as GDP rose 0.1%.  The European powerhouse economy declined in the second quarter 0.2%, so any further decline would put Germany in a technical recession.  Consumption led the rise through household and government expenditure, according to official data.  One economist said: "The economy will probably contract slightly next year – so a recession ...

BusinessInsider (Date:11/14/2019 10:36) Read full article >>

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