Germany Last year's GDP increased to 0.6%, low level due to US-China friction, etc. January 16 at 5:38
Germany's GDP for the last year increased by 0.6% compared to the previous year, the lowest since 2013 due to the impact of the US-China trade friction on the manufacturing industry .
The German Federal Statistical Office announced on Tuesday that GDP growth was up 0.6% last year, excluding price movements.
The rate slowed down from 1.5% of Ototo (2018), the lowest level since 2013.
Household and government consumption and construction were strong, but manufacturing, which accounts for about one-quarter of GDP, plunged to minus 3.6%, and the sluggish mainstay automobile industry pushed down the whole.
In Germany, the US and China trade frictions and the UK's withdrawal from the European Union have impacted the manufacturing industry, which has led to a slowdown in the economy. It is growing but slowing down. "
Germany, as Europe's largest economic power, has led the whole economy in the region, and there is great interest in the future of the German economy.