German economy ministry: Early indicators don't yet point to sustainable economic recovery

  • Remarks by the German economy ministry
  • Sees reduced dynamic in labour market in the coming months
  • Continues to see no growth impulse in foreign trade
  • Current early indicators do not yet point to a sustainable economic recovery in the coming months

I don't think this is much of a surprise as Germany is now the "sick man" in Europe. And the outlook remains bleak amid a heavy manufacturing recession at the moment.

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