Economic Indicators

Indicators point to hard winter for Germany – economy ministry

2022.10.14 04:38

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© Reuters. FILE PHOTO: Pedestrians walk past homeless people under a bridge at the Charlottenburg railway station, which has become a fixed meeting point for many homeless people to place their belongings, amid the coronavirus disease (COVID-19) pandemic during lock

BERLIN (Reuters) – The German economy is facing a difficult winter based on the current economic indicators, the Economy Ministry warned on Friday in its monthly report.

It pointed to the government’s fall projection, which forecasts three negative quarters in a row beginning with the third quarter of 2022.

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