23 minutes agoGermany almost did not fall into recession. Zero economic growth for a long time in 2018
Periskopi(7 years ago)
(7 years ago)Germany narrowly avoided falling into recession in the second half of the year with heavy exports during the last three months of 2018, Periscopi translates. The German economy recorded zero growth in this period of time, managing to avoid technical recession by only 0.2%. Many economists have warned that Germany was [...]
Germany narrowly avoided falling into recession in the second half of the year with heavy exports during the last three months of 2018, Periscopi translates.
The German economy recorded zero growth in this period of time, managing to avoid technical recession by only 0.2%.
Many economists have warned that Germany was on the verge of falling into recession the cause of many steadily falling months because of lowering demand for German products in the world.
Economic growth is declining in the Chinese economy after years of rapid growth, following tensions between it and the US. Car sales fell last year in China for the first time in 30 years, infecting producers throughout Europe.
Tests for CO2 emissions in motor equipment following the Volkswagen scandal have also caused problems in factories in Europe, including Germany and Great Britain, continue to translate Periscope.
General economic growth in Germany was only 1.5%, slightly higher than that in Britain, which was 1.4%.
