The economy Germany can fall into recession because of slipping automotive industry

The economy Germany can fall into recession because of the slipping automotive industry which is one of the major sectors. In June volumes of productions for the first time showed falling for 3,5%. Image source: commons.wikimedia.org of Analytics of Destatis told that the industry gave much more strongly than earlier forecasts. Current situation indicates risk of recession in the second half of the year. Negatively the economy is influenced also by the construction branch which has fallen to 2,8%. The economist Franziska Palmas representing company to Capital Economics, considers as the main risk for economy recession of volumes...