Turkey's currency crisis, trade frictions with the United States and possibility of a no deal Brexit all cited as risk

In the German finance ministry monthly report

  • "The persistent debate about tariffs and the threat of a trade war are choking trade activity."
  • "The economic developments in Turkey present a new, external economic risk,"

Nevertheless, German economy remains buoyant, supported by

  • state spending
  • private consumption
  • low interest rates
  • robust labour market
  • rising real wages

via Reuters