"German Economic Growth Slowed

"German economic growth slowed ... Economic growth slowed to 0.3 percent from 0.5 percent. Exp was driven by exports... (and) household consumption added ...to growth. As unemployment decli disposable incomes increase, household spending may also gain momentum.
HYPERLINK "http://www.bloomberg.com/" www.bloomberg.com, August 23, 20
We can conclude that the German economy

A) has slowed due to a decline in investment or government spending.
B) is at the peak of the business cycle.
C) is in the recession phase of the business cycle.
D) has entered the expansion phase of the business cycle.