Tyskland som är Europas lokomotiv undvik med nöd och näppe att falla in i recession förra året. Definitionen av recession är vanligtvis två kvartal i följd med minskad Brutto National Produkt (BNP).
The technical definition of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP)
(www.investopedia.com - Recession)
Tyskland har haft negativ BNP-tillväxt under 2:a kvatalet i år, om BNP-tillväxen även blir negativ under det 3:e kvartalet har tyskland per definition hamnat i recession.
Germany's economy shrank during the April-to-June period of this year.
A decline in exports dampened growth, according to official data, which comes amid concerns of a global slowdown.
Gross domestic product (GDP) fell by 0.1% compared with the previous quarter, according to the Federal Statistics Office.
That takes the annual growth rate down to 0.4%. Germany, Europe's largest economy, narrowly avoided a recession last year.
Early signs for the third quarter "look ominous", said Andrew Kenningham, chief Europe economist at Capital Economics. "Manufacturing business surveys for July were all gloomy.
"And while the services sector should continue to hold up better, there are some signs that the slump is spreading to the labour market."
(www.bbc.com - German economy slips back into negative growth)
The technical definition of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP)
(www.investopedia.com - Recession)
Tyskland har haft negativ BNP-tillväxt under 2:a kvatalet i år, om BNP-tillväxen även blir negativ under det 3:e kvartalet har tyskland per definition hamnat i recession.
Germany's economy shrank during the April-to-June period of this year.
A decline in exports dampened growth, according to official data, which comes amid concerns of a global slowdown.
Gross domestic product (GDP) fell by 0.1% compared with the previous quarter, according to the Federal Statistics Office.
That takes the annual growth rate down to 0.4%. Germany, Europe's largest economy, narrowly avoided a recession last year.
Early signs for the third quarter "look ominous", said Andrew Kenningham, chief Europe economist at Capital Economics. "Manufacturing business surveys for July were all gloomy.
"And while the services sector should continue to hold up better, there are some signs that the slump is spreading to the labour market."
(www.bbc.com - German economy slips back into negative growth)
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