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Germany’s GDP shrinks by 0.3% in Q1 to put Europe’s biggest economy into recession

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economy contracted in the first quarter of 2023 compared with the previous three months, thereby entering a recession, data from the statistics office showed on Thursday, according to Reuters. Gross domestic product fell by 0.3% for the quarter when adjusted for price and calendar effects, a second estimate showed. This follows a decline […] The post Germany’s GDP shrinks by 0.3% in Q1 to put Europe’s biggest economy into recession appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .

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