Share :

Download PDF :

CNBC (7 July 2023)

With Germany already in a technical recession, economists predict that GDP growth is set to stagnate for the rest of the year and have painted a gloomy picture for Europe’s largest economy.

In May, the German statistics office revised its first-quarter GDP readings from zero to -0.3%, which followed a 0.5% contraction in the last quarter of 2022.

Click for more