{"id":88545,"date":"2025-08-22T22:34:12","date_gmt":"2025-08-22T22:34:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/88545\/"},"modified":"2025-08-22T22:34:12","modified_gmt":"2025-08-22T22:34:12","slug":"germanys-economy-shrinks-as-outlook-looks-bleak","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/88545\/","title":{"rendered":"Germany\u2019s economy shrinks as outlook looks bleak"},"content":{"rendered":"<p>Europe\u2019s biggest economy Germany shrank more than expected in the second quarter of the year and faces a bleak outlook. <\/p>\n<p>A downward revision to GDP growth in the most recent three-month period came after the country\u2019s central bank recently warned that the economy would <a href=\"https:\/\/www.handelsblatt.com\/politik\/konjunktur\/wachstum-deutsche-wirtschaft-im-fruehjahr-staerker-geschrumpft-als-erwartet\/100149870.html\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">stagnate over the summer<\/a>: A front-loading of exports ahead of the imposition of US tariffs was largely reversed, \u201c<a href=\"https:\/\/think.ing.com\/snaps\/german-economy-is-curling-up-in-stagnation\/\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">and it looks increasingly unlikely<\/a> that any substantial recovery will materialize before 2026,\u201d ING\u2019s global head of macroeconomics wrote. <\/p>\n<p>A recently unveiled framework trade deal between the US and European Union also bodes poorly for the country: Germany\u2019s powerful carmakers will <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c14g8gk8vdlo\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">face hefty duties<\/a>, which its main automotive lobby said would cost \u201cbillions annually.\u201d<\/p>\n<p><img alt=\"A chart showing Germany\u2019s declining share of EU GDP. \" loading=\"lazy\" width=\"800\" height=\"726\" decoding=\"async\" data-nimg=\"1\" class=\"styles_imageEmbed__QsLwb styles_fullContentArea__zXct_\" style=\"color:transparent\"  src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/be84a1577a69655bbe742180b9aec0a1dbd24e21-1066x968.png\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Europe\u2019s biggest economy Germany shrank more than expected in the second quarter of the year and faces a&hellip;\n","protected":false},"author":2,"featured_media":88546,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-88545","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/88545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=88545"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/88545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/88546"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=88545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=88545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=88545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}