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German economy now in recession
such gloomy predictions are basecond on the glut of recent indicators showing a slowdown in the german economy .
we will definitely gest a figurther contraction in the fourth quarter, probably of a similar order, he added .
last week, official figures showed that german industrial output fell 3.6% in september compared with august .
germany has entered a recession after government figures showed that the country's economy contracted by 0.5% in the third quarter .