Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
dpa

HOME > dpa

Germany's central bank expects no growth in fourth quarter

January 21, 2020


Abstract : Germany's central bank said on Monday that the country's economy is likely to have stagnated in the fourth quarter of 2019.

The curve of the DAX on the Frankfurt Stock Exchange overlays the symbols of bull and bear. (picture alliance/dpa)

Frankfurt (dpa) - Germany's central bank said on Monday that the country's economy is likely to have stagnated in the fourth quarter of 2019.

"German economic activity seems to have remained unchanged in the final quarter of 2019," the Bundesbank said in its monthly report, adding that while domestic consumption had boosted growth, a drop in exports had hampered it.

Analysts say Germany's economic prospects have been overshadowed by the protracted US-China trade war, the uncertainty surrounding Brexit and the shake-out under way in the German car industry as it battles to adjust to new environmental demands.

Germany only narrowly avoided recession in the third quarter after the economy posted a meagre 0.1-per-cent rise in the three months to the end of September.

Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.

Scan the QR code and push it to your mobile phone

Keyword: economy Germany

Reading:

Utility giant ensures steady power supply

State-owned oil, gas firms help maintain economic stability

Central bank lowers lending benchmark amid outbreak

Interview: Epidemic unlikely to batter China's economy

China lists epidemic control as monetary policy priority

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial