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Germany: GDP falls by 0.7% in the fourth quarter of 2021

2022-01-28T09:28:40.814Z

German GDP fell by 0.7% in the fourth quarter of 2021, after two quarters of growth, due to shortages hampering industry, and...



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.

Read alsoBertille Bayart: “

Our dear German friends

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%.

Source: lefigaro

All business articles on 2022-01-28

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