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economy IFO Germany

Supply bottlenecks and pandemic slow down German growth

Germany is on the verge of a recession this winter, as supply disruptions and a wave of new coronavirus cases have hit the economy, the latest forecast of the Munich-based economics research institute IFO shows. Europe’s largest economy will shrink by 0.5 percent in the fourth quarter of this year compared to the third, and […]
Posted on December 16, 2021 | by Dénes Albert
Posted in Germany | Tagged economy, IFO

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