German Economy Contracts as Trade Tensions Take Their Toll

Published: 14/08/2019
German Economy Contracts as Trade Tensions Take Their Toll
Source: FINANCE.YAHOO.COM

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Germany’s economy shrank in the second quarter, piling pressure on Chancellor Angela Merkel to unleash fiscal stimulus as manufacturers reel from a U.S.-China trade war.Output fell 0.1% from the previous three months, in line with forecasts, as exports slumped. The economy has contract

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