Could Germany be slipping into recession?

A slump in Germany has repercussions for the euro area, where separate numbers on Tuesday showed that economic confidence has fallen to the lowest level in almost two years

German industrial activity drops for third month in a row. Pic: Getty
German industrial activity drops for third month in a row. Pic: Getty

A dramatic plunge in German industrial activity late last year has raised the risk that Europe’s largest economy will slip into recession.

Production fell in November by 1.9 per cent - the third monthly drop in a row - and posted a 4.7 per cent year-on-year drop, the worst since the end of the financial crisis, with weakness in everything from consumer goods ...