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Euronews
Euronews
Eleanor Butler

Germany’s GDP contraction worse than expected after tariff boost

GDP Germany United States Economy SP Global

The German economy shrank by 0.3% quarter-on-quarter from April to June, according to figures released by the Federal Statistical Office on Friday.

That’s worse than the initial estimate of -0.1% and comes after Germany saw a GDP boost at the start of the year, notably as companies ramped up business with the US to get ahead of tariffs imposed by President Trump.

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