25-05-2023, 03:44 PM
The German economy entered a technical recession in the first quarter of this year, as households tightened spending.
Data from the German statistics office on Thursday showed a downward revision to GDP (gross domestic product) from zero to -0.3% for the first three months of the year.
Data from the German statistics office on Thursday showed a downward revision to GDP (gross domestic product) from zero to -0.3% for the first three months of the year.