The German economy shrank by 0.1 percent in the second quarter, final data confirmed Tuesday, weighed down by sluggish private consumption and a drop in
The German economy shrank by 0.1 percent in the second quarter, final data confirmed Tuesday, weighed down by sluggish private consumption and a drop in industrial investments. “After the slight increase in the previous quarter, the German economy slowed down again in spring,” said Ruth Brand, head of federal statistics agency Destatis. The quarter-on-quarter contraction […]
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