• Ifo institute: German economy contracting by 6.6% y/y in 2020

Market news

28 April 2020

Ifo institute: German economy contracting by 6.6% y/y in 2020

  • economy contracting by 1.9% in Q1, 12.2% in Q2

  • economy returning to pre-crisis levels only at the end of 2021

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