Showing posts with label technical recession. Show all posts
Showing posts with label technical recession. Show all posts

Friday, October 10, 2014

German exports plunge by largest amount in five-and-a-half years

(Reuters) - German exports slumped by 5.8 percent in August, their biggest fall since the height of the global financial crisis in January 2009, in yet another sign that Europe's largest economy is faltering amid broader euro zone weakness and crises abroad.