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The sun sets behind the skyline during a warm autumn evening in Frankfurt, Germany, October 1, 2023. REUTERS/Kai Pfaffenbach/File photo Acquire Licensing Rights
BERLIN, Oct 13 (Reuters) – Germany’s economy is seen as shrinking slightly in the third quarter as the global economic slowdown, money tightening and energy prices slow its expected recovery, the economy ministry said in its monthly report on Friday.
A moderate recovery is likely to set in at the turn of the year based on the latest sentiment indicators, the ministry added.
Writing by Miranda Murray, Editing by Rachel More
Our Standards: The Thomson Reuters Trust Principles.
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