German GDP decreased by 3.4 percent
At the end of April, Destatis reported at least a small decrease of 3.3 percent year-on-year and 1.7 percent quarter-on-quarter as non-final data.
The performance of the European Union’s largest economy has weakened due to the second wave of the coronavirus pandemic that unfolded last autumn and the third wave that began earlier this year. (MTI)
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