German economy is stagnating despite positive signs: Ministry

German Economy Minister Peter Altmaier (R) and his French counterpart Bruno Le Maire give a press conference on February 19, 2019 in Berlin, following talks on EU industrial policy. (AFP)

The German economy is more or less stagnating, the economy ministry said on Monday, addin there are initial signs that an industrial recession could be coming to an end as orders stabilize.

The ministry also said in its monthly report that indicators at the start of the fourth quarter pointed to subdued private consumption even though disposable incomes continued to rise.

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Last Update: Wednesday, 20 May 2020 KSA 09:53 - GMT 06:53
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