German economic outlook remains bleak: statistics


BERLIN, Aug. 28 (Xinhua) -- The latest economic barometer fell to 83.4 points in August, marking a nearly four-point decline from July and moving further away from the neutral 100-point mark that measures average economic growth, the Institute for Economic Research (DIW Berlin) said Wednesday.

The latest indicators, complied regularly by DIW Berlin to assess the current economic trend in Germany, suggest that German economic outlook for the third quarter remains bleak, with little to no expected increase in economic output.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Journalist with Germany's Deutsche Welle detained in Turkey
Ukrainians mourn missing homes and loved ones after four years of war
Exclusive-Ukraine's 2026 defence exports could hit 'several billion dollars', official says
South Korea's ex-President Yoon apologises after life sentence over martial law
Christine Lagarde intends to complete her term at ECB, she tells WSJ
Banner of Donald Trump unfurled at Justice Department headquarters
The former Prince Andrew went from helicopter pilot to trade envoy to royal pariah
Argentina's lower house passes labor reform, sends to Senate for final vote
Alberta plans referendum to wrest control over immigration from Canadian government
How Reuters captured the photo of former Prince Andrew leaving custody

Others Also Read