News / Stock

Hard times for the German economy. Alphie is pessimistic about the Frankfurt Stock Exchange

Jan 10, 2019 - 14:42 UTC

The German economy slows down: the industrial production decreased of 1.9% in November for the 3rd consecutive month, with a decline of both exports (-0.4%) and imports (-1.6%) compared to the previous month. It seems that among the causes of this economic slowdown there is the braking of China, one of the main markets for the export of Germany, and the diesel crisis, with the new standards for carbon dioxide of cars, a key sector of the German industry. The fears of a recession are growing, while economists are waiting for the GDP data for the fourth quarter of 2018….

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