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Mmastodon BusinessRetail first seen 1 d ago, last 15 min ago, peak #1

Economist warns Germany's recovery hinges on struggling retail sector

Original: # Germany Without a thriving # retail sector, there can be no economic recovery—especially in a country that has histori

Economist Heiner Flassbeck argues Germany cannot achieve economic recovery without a thriving retail sector, stressing the point is especially important for a country historically dependent on foreign trade. He illustrates what he calls Germany's economic misery with charts, published on the platform Relevante Oekonomik, showing the sector's weakness. The argument feeds a broader debate about weak German consumer spending and the country's sluggish growth outlook.

Why now: Concerns about Germany's stagnant economy and weak domestic consumption are driving discussion of retail's role in any recovery.

GermanyHeiner FlassbeckRelevante Oekonomik

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