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Statistics Office: Germany slips into recession after economy contracted 0.3% in first quarter

Video Credit: euronews (in English) - Duration: 00:38s - Published
Statistics Office: Germany slips into recession after economy contracted 0.3% in first quarter

Statistics Office: Germany slips into recession after economy contracted 0.3% in first quarter

The figures were a blow to the German government, which last month boldly doubled its growth forecast for this year after a feared winter energy crunch failed to materialise.


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German economy goes into recession as GDP shrinks by 0.3% in Q1

Germany's economy has contracted by 0.3% in Q1 compared to the previous quarter, entering a...
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