Economists See Germany, Italy Dodging Technical Recession - EcoFinBiz Blog

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Economists See Germany, Italy Dodging Technical Recession

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(Bloomberg) -- Economists predict two of Europe’s largest economies dodged recessions at the end of last year, with growth likely to rebound after a previous quarter of contraction. Bloomberg’s latest monthly surveys forecast that German growth reached 0.4 percent in the three months through December, despite worrying signals from an industrial shock. Italy will also avoid a technical recession, though it barely eked out any growth in the period -- just 0.1 percent.

To contact the reporters on this story: Carolynn Look in Frankfurt at clook4@bloomberg.net;Sarina Yoo in New York at kyoo3@bloomberg.net

To contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Fergal O'Brien

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