Berlin sees slowdown of economic momentum early in Q3
11 Articles
11 Articles
Germany's economy slowed down at the beginning of the third quarter, as the energy-intensive sector's momentum lost strength and high energy prices weighed on domestic consumption, the Ministry of Economy reported in a monthly report released on Monday. Read also: Germany's annual inflation accelerates to 2.9% in August The ultra-rights victory in Germany threatens Merz's reform agenda Germany has improved in demand, but services continue to fal…
The conflict in the Middle East has allowed companies in Germany to benefit from new orders. However, the Ministry of Economics is pessimistic that this development will continue.
Germany's economy weakened at the start of the third quarter, the economy ministry reported on Monday, as high energy prices dampened activity in energy-intensive sectors and domestic consumption. Stronger foreign demand, linked to the conflict in the Middle East, triggered a "special economic cycle" in energy-intensive economic sectors, but activity has been weakening lately, the ministry pointed out [...]
The peace of growth in Germany − GDP slowed in the...
In Germany, the government sees a weakening of the most recent rather robust economic momentum. The special economic situation in the energy-intensive industries, which was supported by increased foreign demand in the course of the conflict in the Middle East, seems to be weakening in the middle of the year, the German Ministry of Economics (BMWE) announced on Monday in its monthly report. Also in the domestic economy [...]
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