Germany GDP contracted -0.7% qoq in Q4, still -1.5% lower than pre-pandemic level

<p>Germany GDP dropped -0.7% qoq in Q4, worse than expectation of -0.2% qoq. GDP was still -1.5% lower than pre-pandemic level in Q4, 2021. For whole of 2021, GDP grew 2.8%. Destatis said, “after economic output grew again in the summer despite increasing supply and material bottlenecks, the recovery of the German economy was halted […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/427040-germany-gdp-contracted-0-7-qoq-in-q4-still-1-5-lower-than-pre-pandemic-level/">Germany GDP contracted -0.7% qoq in Q4, still -1.5% lower than pre-pandemic level</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>