Economics

Bundesbank Sees German Economy Stagnating in Fourth Quarter

  • Manufacturing downturn may be leveling off, it says in report
  • German labor market remains robust, budget is expansionary

Pedestrians walk along a cobbled street near restaurants in Arnstadt.

Photographer: Krisztian Bocsi/Bloomberg
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Germany’s economy will probably stagnate in the fourth quarter, the Bundesbank predicted, signaling that while the nation has averted a recession, there’s little sign of a rebound any time soon.