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.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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

Nissan to cut over 10,000 more jobs, NHK reports
Oil prices jump more than 3% on US-China tariff reductions
Stocks surge, dollar rallies as US and China pledge to slash tariffs
US and China reach deal to slash trade tariffs, lifting dollar
Gold slips as positive US-China trade talk dents safe-haven appeal
SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffers
China stocks rally, yuan gains on Geneva trade talk optimism
MSM plans to revive sugar cane plantations in Malaysia
Stocks, dollar up on US-China trade hope, details awaited
Oil prices rise as US-China trade talks soothe market jitters

Others Also Read