Slowdown in machinery exports points to weakening German economy
Share:
BERLIN (Reuters) - Trade conflicts and a weakening global economy have hit growth in Germany's export-reliant machine-building sector, data showed on Wednesday, adding to signs that Europe's largest economy could slip into a recession.Exports grew by just 0.9% to 89.2 billion euros (£81.5 billion) in the first half of the year, according to figures released by industry association VDMA, as growth in the first quarter was all but wiped out by a contraction in the second."The uncertainty..