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German economy shrinks by record 10.1%

Video Credit: Reuters Studio - Duration: 00:45s - Published
German economy shrinks by record 10.1%

German economy shrinks by record 10.1%

The German economy contracted by 10.1% in the second quarter, its steepest plunge on record, as household spending, business investment and exports collapsed during the COVID-19 pandemic, preliminary data showed on Thursday.

Joe Davies reports.


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