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Bundesbank Says German Economy Lost Momentum in Third Quarter

Low Rhine water levels were cited among temporary factors slowing industrial activity in July, Anadolu Agency reports.

· 1 min read · language: en

Germany's economy is facing a temporary loss of momentum in the third quarter, according to the Bundesbank, as reported by Anadolu Agency.

The central bank cited temporary stress factors, primarily low water levels on the Rhine, which slowed industrial activity in July, the agency reported.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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