German GDP fell 0.7% in the fourth quarter of 2021, after two quarters of growth, due to shortages hampering industry and restrictions linked to the coronavirus pandemic, according to preliminary figures published on Friday.
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Our dear German friends
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After returning to growth during the summer, despite growing difficulties with shortages of materials, the recovery was halted by the fourth wave of coronavirus
”, explains the statistical institute Destatis in a press release.
Over one year, GDP rose by 1.4%.
