German economy likely slowed in third quarter
The German economy likely experienced a temporary slowdown in the third quarter. High energy prices, financing costs, and ongoing uncertainty continue to weigh on domestic demand and industrial activity.
Germany experienced a temporary growth slowdown in the third quarter due to industrial weakness, the economy ministry said on Wednesday morning. The downturn reflects persistent headwinds across Europe's largest economy as borrowing expenses weigh on output. Industrial activity remains subdued, adding pressure to broader macroeconomic forecasts.
