• Germany’s economy to shrink by even more in Q1 2021 than Q4 2020 - DIW research institute

Market news

21 December 2020

Germany’s economy to shrink by even more in Q1 2021 than Q4 2020 - DIW research institute

  • The economy is likely to contract 1% in the fourth quarter of 2020, 

  • Economy to shrink by even more in Q1 2021

  • Second hard lockdown in Germany will hit economic output in the winter

  • Only if the situation stabilizes will the economy return to a recovery path in February.

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