Germany, Economy, Dihk, Germany, International Trade, Tariffs, Euro Zone, European Union, Business Sentiment, Economic Output, Euro Zone As A Whole

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Germany faces sluggish growth in 2020: DIHK

Germany faces sluggish growth in 2020: DIHK

19.2.2020

Germany faces sluggish growth in 2020: DIHK

Germany 's DIHK Chambers of Industry and Commerce said on Wednesday it expec...

BERLIN (Reuters) - Germany’s DIHK Chambers of Industry and Commerce said on Wednesday it expected Europe’s largest economy to grow by 0.7% this year, up slightly from 0.6% in 2019, with export growth stagnant in the face of trade conflicts and Brexit.

“More companies still expect business to be worse rather than better this year,” said DIHK Managing Director Martin Wansleben, presenting the association’s latest business sentiment survey of more than 26,000 firms.“However, the uncertainties caused by the coronavirus are coming now,” Wansleben said.



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