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Germany is dealing with skyrocketing energy prices that the US is not. But the US has its own warning signs for a recession that Biden is downplaying.
Berenberg expects Germany to fall back into “a mild recession” in the second half of this year, Fiedler added. — Mark Thompson and Anna Cooban contributed reporting.
Investing.com -- Germany is heading toward a recession, and even recent policy moves by the European Central Bank (ECB) may not be enough to avert it. Analysts at Nomura have downgraded their ...
Germany is grappling with the twin challenges of a high pension burden and a shortage of skilled labour. Read more at ...
Germany slipped into recession during the first three months of the year, as households cut spending in response to sharply higher prices for energy and food. With Europe’s largest economy now ...
Germany has slipped into recession as last year’s energy price shock takes its toll on consumer spending.
The German economy shrank unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession. High inflation hit consumer spending.
Germany left its recession behind in the second quarter, after new data confirmed preliminary results that the economy stalled in the three months to June, but didn’t contract.
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