The German economy stagnated in the second quarter compared to the previous three months, following a winter recession, data from the statistics office showed on Friday.
"After slight declines in the previous two quarters, the German economy stabilised in spring," said Ruth Brand, president of the statistics office.Year-on-year, GDP contracted by 0.2% in the second quarter when adjusted for price and calendar effects.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Porsche, Puma pump up anniversary celebrations with dual sneaker dropsGerman automaker Porsche's Lifestyle Group is delivering commemorative digs with German sportswear brand Puma.
Baca lebih lajut »
German business activity suffers steepest decline since May 2020German business activity contracted at the fastest pace for more than three years in August, a preliminary survey showed on Wednesday.
Baca lebih lajut »
Europe stocks climb as investors await Nvidia results; German business activity plungesEuropean stock markets opened cautiously higher Wednesday, with attention focused on earnings and central bank comments in the U.S.
Baca lebih lajut »
EUR/GBP slides to one-year low on weaker German PMIs, shows resilience below 0.8500The EUR/GBP cross comes under heavy selling pressure during the early European session on Wednesday and drops to a one-year low in reaction to the dis
Baca lebih lajut »
German Preliminary Manufacturing PMI improves to 39.1 in August vs. 38.7 expectedmore to come ...
Baca lebih lajut »
Close to half of German companies face a shortage of trainees -survey By ReutersClose to half of German companies face a shortage of trainees -survey
Baca lebih lajut »