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Germany's economic growth will slow in the second half of this year the finance ministry has said due to weaker foreign demand for goods.
German unemployment was down again in August for the 12th straight month. Retail sales grew month-on-month in July, but declined from a year earlier.
The German economy likely grew by around 0.3 percent in the second quarter the finance ministry said in its monthly report. It added the country’s
German industrial orders rose in February, with domestic demand the main driver. The increase was a stronger-than-expected 0.6 percent, the
Figures released on Thursday underscored the degree to which Germany’s resilience to the economic crisis in Europe is waning – and how it can no