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German Economy Stagnates In Q1; Inflation Slows More Than Expected

Por: RTTNews Business April 28, 2023

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Germany avoided a recession in the first quarter as the stagnated with the fall in household and government spending offsetting the improvements in capital formation and exports. Inflation in the biggest euro area economy eased more than expected in April largely due to the base effects and slowing energy price growth.Another data showed that the sluggish economic activity at the start of the year led to an increase in unemployment but the... + full article



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