Germany labor market

Germany workers

Why is the European motor losing energy?

Caixabank Research | Having grown at an acceptable 2,8% in 2017, Germany slowed sharply in 2018 and, in the last four quarters, interannual growth has on average been a miserable 0.8%. In the second quarter, in fact, growth was negative, and everything point to this tendency being maintained in the third quarter, which would mean entering a technical recession. Below we analyse why.