Tensions with Russia, slowing global growth and falling consumer confidence mean the region’s biggest economy struggled to grow in the past 3 months, and may turn out to have shrunk for a 2nd quarter running.
Across the Eurozone as a whole, recently released data showed that economic sentiment dipped in September for a 4th month in a row.
Questions abound about whether this could lead into a vicious circle of falling prices and stagnation.
I’ll continue to watch this closely and make some macro recommendations for my clients as this continues to unfold.
Risk of Third German Recession Pressures Europe – FULL ARTICLE