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The Independent UK
The Independent UK
National
Via AP news wire

Recession clouds gather in Germany, Europe's largest economy

Copyright 2022 The Associated Press. All rights reserved

Europe's largest economy is sending recession signals.

Germany's key future indicator, the IFO survey of business confidence, pointed down for the fourth month in a row as high inflation fed by astronomical natural gas prices undermines consumer pricing power and imposes heavy costs on businesses.

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