Reuters Videos German Economy Contracts At Record Pace

Source:
https://www.spreaker.com/user/africapodcastnetwork/reuters-videos-german-economy-contracts-

The German economy contracted by a record 9.7% in the second quarter as consumer spending, company investments and exports all collapsed at the height of the COVID-19 pandemic. This is according to figures released on Tuesday by the statistics office.
According to the figures, Germany’s economic slump was much stronger than during the financial crisis more than a decade ago, and it represents the sharpest decline since Germany began to record quarterly GDP calculations in 1970.

—

This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

Support this podcast: https://anchor.fm/newscast-africa/support

Reuters brings you the latest breaking news, business and finance video from around the world. Since our founding in 1851, we have been known globally for unparalleled accuracy and impartiality….brought to you by SloppBoxx.Com.

Share on Facebook

Post on X

Follow us