German GDP contracted record -10.1% qoq in Q2

<p>Germany GDP contracted -10.1% qoq in Q2, worse than expectation of -9.0% qoq. That&#8217;s also the largest decline since the beginning of quarterly GDP calculations for Germany in 1970. The contraction was also more than double of that during the financial market and economic crisis back in Q1 2009 (-4.7% qoq). Full release here. Also [&#8230;]</p>
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