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Germany falls into recession as inflation hits economy

Upworthy Friday, 26 May 2023
Persistent inflation has helped push Germany into recession in the first three months of the year, an upgrade to growth data shows. "Under the weight of immense inflation, the German consumer has fallen to his knees, dragging the entire economy down with him," said Andreas Scheuerle, an analyst at…

#andreasscheuerle #dekabank #destatis #russian #jensoliverniklasch #bundesbank #imf
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Video Credit: Oneindia - Published
News video: Germany falls into recession, the economy contracted by 0.3 percent | Oneindia News

Germany falls into recession, the economy contracted by 0.3 percent | Oneindia News 02:00

 The German economy has fallen into recession. The economy has contracted by 0.3 percent. #Germany #GermanEconomy #Recession ~PR.150~HT.103~HT.99~

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