Bundesbank Says German Economy Likely Stagnated in Q3
Weak exports, exceptionally low Rhine water levels and subdued domestic demand likely offset support from fiscal spending, the Bundesbank said.
The German economy likely stagnated in the third quarter as weak exports, disruptions from exceptionally low Rhine water levels and subdued domestic demand offset support from fiscal spending, the Bundesbank said on Wednesday.The German central bank stuck to its expectations for a recovery in the l…