German Industry Slump Set to Cast Shadow on Economy Through 2020
(Bloomberg) -- Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.Germany’s worst manufacturing downturn in a decade is set to drag on economic growth at least through 2020 as domestic demand will increasingly be hurt by a weakening labor market, according to the latest projections by the country’s central bank.The Bundesbank cut next year’s GDP forecast for Europe’s l
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