The German economy has escaped a recession almost. The gross domestic product stagnated in the fourth quarter of 2018, as the Federal statistics office. In the third quarter, the economy had shrunk by 0.2 percent for the first Time since the beginning of 2015. A recession is spoken in the case of two negative quarters in a row. These were the last of the year 2012/13.
Impulse came to the Federal office, especially from the domestic. The company invested more in buildings and in machinery and other equipment. The consumption of consumers ‘ expenditure consumers increased slightly. The consumption expenditure of General government, including social benefits and salaries of employees increased significantly.
For the entire year in 2018, an increase of economic growth by 1.4 percent. Thus, the German economy grew slightly weaker than in the previous year. In particular, the weaker global economy and the trade conflict with the United States weighed on exports. Also the problems of the auto industry with the new emission standard of measurement WLTP stopped.
The Federal government expects this year with the least amount of growth since 2013. It is likely to only extend to a Plus of 1.0 percent, after it was in the last year, 1.5 per cent. As the risks of a disorderly Brexit and the trade dispute with the United States apply.
