German EcoMin: Economy is still experiencing a period of weakness

Dhwani Mehta FXStreet

The German Economy Ministry is out with its assessment of the economy after the first estimate of Q4 2019 GDP showed stagnation.

Key Quotes:

German economy is still experiencing a period of weakness.

Industrial sector remains weak.

But improved business sentiment suggests some stability in the coming months.

Impact of virus outbreak on China and trade partners cannot be estimated currently.

Risks from abroad have increased due to the coronavirus outbreak.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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