Prior +0.4%
The German economy is seen marginally contracting in Q2 as the manufacturing recession continues to put a drag on things since last year. The good news at least is that there are better fiscal prospects and that is bolstering the outlook for Europe’s largest economy. So, a lot of this negativity is put in the rear view mirror. But with Trump’s tariffs biting at the autos sector especially, we’ll have to see what kind of balance can be struck going into next year.
This article was written by Justin Low at investinglive.com.