German economy ministry says Q3 GDP contraction was expected

<p>As mentioned earlier, anything but a negative quarter-on-quarter reading would've been a surprise. But a 0.1% contraction in gross domestic product in Q3 is the best-case scenario in that event. A recession is on the cards for Germany but the question now is for how long and how deep will that be.</p>

This article was written by Justin Low at www.forexlive.com.