ʺGerman Economic Growth Slowed

ʺGerman economic growth slowed ... Economic growth slowed to 0.3 percent from 0.5 percent. Expansion was driven by exports... and) household consumption added ...to growth. As unemployment declines and disposable incomes increase, household spending may also gain momentum.
We can conclude that the German economy

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