As a leading exporter, Germany’s fortunes often reflect swings in the global economy—and the signs aren’t encouraging
Japan and Germany avoided slipping into recession as 2018 drew to a close, but the world’s third- and fourth-largest economies seem set for a year of weak expansion amid uncertainty about the future of global trade rules and the severity of China’s slowdown.
An abrupt slowdown in the eurozone’s industrial powerhouse in the second half of last year partly reflected short-term problems in its key automobile and chemical industries. Similarly, Japan’s economy was hit in the third quarter by a typhoon that closed a major airport...
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