German economy shrinks as auto sector takes a hit


FRANKFURT: The German economy shrank for the first time since early 2015 after the auto industry took a hit.

The 0.2% contraction in the third quarter was worse than expected and the biggest in more than five years.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , germany

Next In Business News

Ringgit expected to stay defensive due to middle east conflict
Blacklisting is not a cure�
The material shift: From traditional to sustainable
Check the foundation before buying
Celebrating a new era of creativity at d Conference and d Awards 2025
Price hikes ahead: Businesses must adapt to stay competitive
Gold - glittering or flittering?�
Clarity, selectivity and patience urged
No love for Paris as Europe parties on
Stars aligned for Japan hedge funds

Others Also Read