German economy likely slowed in third quarter, ministry says

​Germany's ‌economy ministry said ​on Wednesday ‌that growth momentum likely slowed temporarily in the ‌third quarter.

The ‌outlook for industrial activity remains subdued, ⁠while domestic ​demand ⁠is unlikely to ⁠provide much momentum ​in the short term because ⁠of higher ⁠energy ​prices, uncertainty and financing costs, ⁠the ministry said in ⁠its ⁠monthly report.