Article 493TV German economy just avoids recession but weaker exports take toll

German economy just avoids recession but weaker exports take toll

by
Richard Partington Economics correspondent
from on (#493TV)

Europe's largest economy recorded zero growth in the fourth quarter of 2018

Germany narrowly avoided falling into recession in the second half of last year as weaker exports dragged Europe's largest economy to stalling point during the final three months of 2018.

The German economy recorded zero growth in the fourth quarter, managing to just avoid a technical recession after reporting a contraction of 0.2% in the third quarter amid a slump in industrial output.

Related: Germany narrowly avoids recession after stagnating in last quarter - business live

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