• Five of Germany's leading research institutes see economy shrinking by almost 10% in Q2 2020

Market news

8 April 2020

Five of Germany's leading research institutes see economy shrinking by almost 10% in Q2 2020

  • Q1 GDP likely shrank by 1.9%

  • Q2 GDP estimated to contract by 9.8%

  • On the year, German economy likely to shrink by 4.2%

  • But government measures should fuel an expansion of 5.8% in 2021

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