Get all your news in one place.
100's of premium titles.
One app.
Start reading
Top News
Top News

Germany's Economy Contracts As World Awaits Central Bank Meetings

A person walks below an electronic stock board in Tokyo Thursday, July 25, 2024. Asian shares mostly declined in cautious trading Tuesday, July 30, ahead of central bank meetings around the wor

World shares were mixed on Tuesday as investors awaited key central bank meetings and reacted to Germany's report of a contraction in its economy in the last quarter. The Federal Reserve, Bank of England, and Bank of Japan are all set to hold monetary policy meetings this week.

According to official figures released by the European Union statistics agency Eurostat, the gross domestic product in the 20 eurozone countries rose by 0.3% in the second quarter. However, Germany, the largest economy in the eurozone, experienced a 0.1% decline in output.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.