
Germany Enters Recession After GDP Revised Down
The German economy entered a recession, after it contracted by more than in initial estimates in the first quarter, as household expenditure was squeezed by high inflation.
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The German economy entered a recession, after it contracted by more than in initial estimates in the first quarter, as household expenditure was squeezed by high inflation.
Full ArticleInflation has taken a heavy toll on the German economy, with consumers spending less on items such as food and clothing. To make..