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  • Economic Buzz: German Economy Rebounds In Q2
  • July 30,2021  17:06
  • German economy recovered in the second quarter driven by higher household and government consumption, data released by Destatis showed on Friday. Gross domestic product grew 1.5 percent from the first quarter, when it was down 2.1 percent. Nonetheless, the second quarter growth was slower than the expected expansion of 2 percent. On a yearly basis, GDP grew by calendar-adjusted 9.2 percent, in contrast to the 3.1 percent drop posted in the first quarter.

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