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German Economy Shrinks 0.1% As Estimated

Por: RTTNews Business November 24, 2023

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Germany's contracted slightly, as initially estimated, in the third quarter with the household consumption that used to be the pillar of growth, acting as a drag. Confirming the initial figures, detailed data from the statistical office Destatis showed on Friday that gross domestic product shrank 0.1 percent quarterly.Economic performance was virtually stagnant in the first two quarters of the year with flat growth in the first quarter and... + full article



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