ECONOMICS COMMENTARY
Jan 08, 2013
Slumping exports add to fourth quarter downturn worries in Germany
A steep fall in exports adds to evidence that the German economy slid into contraction in the final quarter of 2012. The business surveys suggest that the rate of decline eased in December, and the economy may return to growth in the first quarter of 2013, but weak eurozone demand is likely to impede the pace of recovery.
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