Germany's GDP shrinks by 0.3% in first quarter to put Europe's biggest economy into recession

Germany's GDP shrinks by 0.3% in first quarter to put Europe's biggest economy into recession

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New figures show the German economy suffered an unexpected dip in the first quarter of this year, putting the country formally into recession. Data released Thursday by the Federal Statistical Office shows Germany's gross domestic product, or GDP, down by 0.3% in the period from January to March.…

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