FILE PHOTO: The financial district with the headquarters of Germany’s largest business bank, Deutsche Bank (C), is photographed on early evening in Frankfurt, Germany, January 29, 2019. REUTERS/Kai Pfaffenbach
December 16, 2019
BERLIN (Reuters) – The German economy is more or less stagnating, the economy ministry said on Monday, adding there are initial signs that an industrial recession could be coming to an end as orders stabilize.
The ministry also said in its monthly report that indicators at the start of the fourth quarter pointed to subdued private consumption even though disposable incomes continued to rise.
(Reporting by Joseph Nasr; Editing by Michelle Martin)
