Europe
14:10, 25-May-2023
German economy shrinks 0.3 percent in Q1, enters recession
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The German economy contracted slightly in the first quarter of 2023 compared with the previous three months, thereby entering recession, data from the statistics office showed on Thursday.
Gross domestic product fell by 0.3% for the quarter when adjusted for price and calendar effects, the data showed.
Source(s): Reuters
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466