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German economy cooling but no recession looming: Ifo economist

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Reuters MUNICH

MUNICH (Reuters) - The German economy is cooling but there is no recession in sight, an economist at Ifo said on Tuesday after the institute's monthly survey showed the business climate in Europe's largest economy deteriorating.

Klaus Wohlrabe said uncertainty had increased again and Britain's upcoming departure from the European Union was at the top of the agenda.

(Reporting by Joern Poltz; Writing by Michelle Martin; Editing by Maria Sheahan)

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First Published: Dec 18 2018 | 2:57 PM IST

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