German Economy Declines More Than Expected in Second Quarter

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German Economy Declines More Than Expected in Second Quarter
Photo: Halvard Alvik/NTB Scanpix/TT

German economy develops even weaker than expected. GDP fell by 0,3 percent during the second quarter compared to the previous quarter.

It was worse than what the preliminary figures showed, minus 0,1 percent.

Above all, it was the industrial production that developed weaker than what the previous figures showed, according to the German statistical office.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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