Germany’s economy is contracting more rapidly than expected, sending shockwaves through global investors. A steep drop in industrial production, coupled with weak exports, signals potential ripple effects that could impact markets worldwide
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Germany’s preliminary GDP for Q1 has shown a modest growth of 0.2%, perfectly aligning with expectations. This slight increase highlights the ongoing resilience of Europe’s largest economy, even in the face of global economic uncertainties. However, analysts are approaching this news with caution, as various challenges continue to loom on the horizon.