Germany’s Stop-Start Economic Motor Is Probably in Reverse Again
- GDP is likely declining in current quarter, economists say
- Assessment follows repeated bouts of bad news in factory data
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Germany’s industrial malaise is probably acute enough to have dragged the economy back into a contraction during the current quarter, forecasters say.
A monthly survey by Bloomberg shows gross domestic product is now anticipated to fall 0.1% in the three months through September before retracing that deterioration toward year-end.