Germany Enters Recession as Inflation Hurts Consumers

Germany Enters Recession as Inflation Hurts Consumers The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby entering recession. Inflation has taken a heavy toll on the German economy, with consumers spending less on items such as food and clothing. Germany | Economy | Recession 2023 | Inflation | Firstpost | World News | Global News | Latest News | Trending News | International News #germany #economy #recession #firstpost #worldnews #globalnews #latestnews #internationalnews #trendingnews Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live. @Firstpost Follow Firstpost on Instagram: Follow Firstpost on Facebook: Follow Firstpost on Twitter: