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Germany: Bundesbank, we may have entered recession

GDP may have decreased again in the third quarter

21 October, 20:34
(ANSA) - ROME, OCTOBER 21 - The German economy may have entered recession, although not deep, according to the Bundesbank. "The gross domestic product - the BB said - may have decreased again in the third quarter of 2019" after a 0.1% drop in the second quarter, with exports continuing to suffer and unchanged trust indicators. However "a recession in the sense of a significant, broad and lasting decline in production, with unused capacity, is currently not in sight". (ANSA).

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