HEI: ‘Sick man’ Germany stumbles to second contraction in four quarters as recession looms

bryan cranston heisenberg © Toniflap

© Toniflap

By LoadstarEditorial

14/08/2019

THE HEISENBERG writes: “The good news is, it wasn’t any worse than expected. Or at least not at first glance. The bad news is, Germany is now one more bad quarter away from a technical recession. As expected, the fourth-largest economy in the world contracted in the second quarter, as German output dropped 0.1%, in line with expectations.”

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