Home German Economy Ministry: Current data points to slower growth in services sector

German Economy Ministry: Current data points to slower growth in services sector

Published date: 15 Jul. 2019 | 10:18

Industrial activity remains sluggish as headwinds from foreign demand are still being felt and current data points to slower growth in the services sector, the German Economy Ministry said this Monday. The ministry further added that there are considerable downward risks due to trade conflicts, Brexit process and geopolitical tensions.

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