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German economy: The mood is worse

The growth of the German economy in this year is probably significantly weaker than expected. One reason is the exports: In April, they broke so strongly as sin

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German economy: The mood is worse

The growth of the German economy in this year is probably significantly weaker than expected. One reason is the exports: In April, they broke so strongly as since the 2015 no longer.

the mood in The German economy continues to deteriorate. In April, exports plunged as strong as for nearly four years.

According to the Federal statistical office, exports fell by 3.7 percent compared to March. This is the strongest decline since August, 2015. "The impact of the global turmoil - not only in politics in General, but especially in the trade policy - we get to feel now," explained Holger Bing man, President of the foreign trade Association.

Deutsche Bundesbank for the current year, a significantly weaker growth than expected in December. For 2019, the Bundesbank expects growth of 0.6 percent. Half a year ago the people had an economic hosts held growth of 1.6 percent for possible.

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