HEI: ‘Sick man’ Germany stumbles to second contraction in four quarters as recession looms

THE HEISENBERG writes: “The good news is, it wasn’t any worse than expected. Or at least not at first glance. The bad news is, Germany is now one more bad quarter away from a technical recession. As expected, the fourth-largest economy in the world contracted in the second quarter, as German output dropped 0.1%, in line with expectations.”
To read the full story, please click here.

The post HEI: ‘Sick man’ Germany stumbles to second contraction in four quarters as recession looms appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "HEI: ‘Sick man’ Germany stumbles to second contraction in four quarters as recession looms"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*