Recession fears are stalking Germany
London (CNN Business)Europe’s largest economy may be in recession for the first time since the region’s debt crisis.
A shock plunge in industrial output in November suggests Germany may have suffered a second consecutive quarter of economic contraction at the end of 2018.
Industrial production in Germany plummeted 1.9% compared to the previous month, according to data published Tuesday. That’s much worse than the 0.3% uptick economists polled by Reuters had expected.
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