Germany falls into recession as inflation hits economy

Persistent inflation has helped push Germany into recession in the first three months of the year, an upgrade to growth data shows. "Under the weight of immense inflation, the German consumer has fallen to his knees, dragging the entire economy down with him," said Andreas Scheuerle, an analyst at…

#andreasscheuerle #dekabank #destatis #russian #jensoliverniklasch #bundesbank #imf