DIHK Sees Double-digit Drop In German GDP This Year
DIHK Sees Double-digit Drop In German GDP This Year
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The German economy is set to shrink at a double-digit rate this year due to the disruption caused by the coronavirus, or Covid-19, pandemic, the German Chamber of Commerce and Industry, or DIHK, said Tuesday.
Gross domestic product will probably fall by at least ten percent, the group said as it presented the results of a survey of the manufacturing sector.
The survey showed that almost…
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