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German Economy to Stagnate Again in 3Q, Bundesbank Says

Por: MarketWatch Business August 21, 2023

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If confirmed, Germany's economy won't have grown for four quarters. The country suffered a recession--typically defined as two consecutive quarters of negative growth--in the winter, contracting 0.4% in the final quarter of 2022, by 0.1% in the first quarter of 2023, before flatlining in the three months to June. The Bundesbank said Germany's key manufacturing industry is likely to dampen economic activity, though private... + full article



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