Germany's Economy Stagnates in Third Quarter as Exports Fall

Germany's gross domestic product stagnated in the third quarter, data showed on Thursday, highlighting the struggle Europe's biggest economy faces in regaining momentum as exports dwindle.

The GDP stagnation was in line with forecasts, preliminary data from the statistics office showed, after Germany's economy shrank by 0.3% in the previous quarter as weak global demand and U.S. import tariffs weighed on exports.

"The U.S. tariff shock and intense competition with China will continue to make things difficult for export-oriented industries," said Alexander Krueger, chief economist at Hauck Aufhaeuser Lampe...

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