Germany, world’s 4th largest economy, enters recession as GDP falls for 2nd quarter, inflation hurts spending

Germany, the world’s 4th largest economy, is entering a recession after a drop in Euro and the shrinking of the economy unexpectedly in the first three months of 2023, marking the second quarter of contraction that is one definition of recession.Germany, the world’s 4th largest economy, is entering a recession after a drop in Euro and the shrinking of the economy unexpectedly in the first three months of 2023, marking the second quarter of contraction that is one definition of recession.

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