Worries about germanys economic boom for the first time in years the economy is shrinking but is it just a blip or a sign of a real slowdown meanwhile germanys fourteen by when it comes to auto official intelligence potentially costing the country trillions of euros. And things are getting critical for Industrial Companies along the banks of the river rhine low water levels caused by this summers lack of rain are severely hampering shipping on germanys most important to way. They say is your Business Update im out of the home for you by lead thanks for joining me the economy here in germany strength by zero point two percent in the Third Quarter more than analysts had expected and stifled by global trade disputes and programmes in germanys car industry that it is being seen as
a wake up call that stable growth is by no means guaranteed. Exports were down and imports up in the Third Quarter thats trouble for an economy built on strong exports a major part of the problem has been a bottl
a wake up call that stable growth is by no means guaranteed. exports were down and imports up in the third quarter that s trouble for an economy built on strong exports a major part of the problem has been a bottleneck in kargil liberties by german automakers the result of new more rigorous emissions rules but there are other issues political ones global trade disputes are threatening the bottom lines of german companies both b.m.w. and di miller cited trade uncertainty in their latest earnings reports the companies feel a growing uncertainty this is related to brag that this is related to the trade conflict with the us and to the italian situation which may lead us into a financial crisis possibly so there is growing uncertainty the economy is cooling down but we are not falling into recession i think that would be exaggerated analysts still believe the german economy will grow this year but the news figures show that the country s political stability and low unemployment with