Frankfurt, Germany, July 30, 2025 (AFP) - German economy unexpectedly shrinks in second quarter

NAMPA / AFP
2025-07-30
The German economy unexpectedly shrank in the second quarter, official data showed Wednesday, a bad sign for the eurozone's traditional powerhouse as it seeks to recover from a long downturn. Gross domestic product (GDP) in Europe's top economy was down 0.1 percent from the previous quarter, according to preliminary data from federal statistics agency Destatis. Analysts surveyed by financial data firm FactSet had expected zero growth between Apr......
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