In relation to this report, the possibility of increased uncertainty between families and private companies in the coming months due to reduced consumption and investments cannot be excluded. This may delay the recovery of the economy in Germany.
The German Ministry of Economics stated in a media release that the expected economic recovery in the country may be hindered by the increased uncertainty between families and companies after the election of Donald Trump as President of the USA.
In its monthly report, the ministry added that while indicators of improvement are present, along with some positive economic changes in the third quarter, they indicate that the period of economic weakness may soon come to an end, however, these indicators do not consider the results of the American elections.
