That means cooling or cooling off.
You know, like German growth predicted to stall during 2019 in significant Abkühlung?
Germany’s economy could experience a “significant cooling” in 2019 and could see sharply lower growth this year, the country’s leading economic institutes have warned in a report compiled for Germany’s economics ministry.
Forecasts for German growth were revised significantly downwards in a ‘Joint Economic Forecast’ collated by several prominent German economic research institutes and published Thursday, with economists predicting a meager 0.8% this year.
This is more than one percentage point lower than a prediction for 1.9% made in a joint economic forecast in fall 2018.
“The long-term upswing of the German economy has come to an end.”