German GDP fell bigger last year than it was expected
According to the latest report of the German Statistical Office, despite the economy stimulating measures and the export demanded, German GDP fell by 5 percent in 2009. This caused a surprise among analysts, who expected a slowdown of about 4.8 percent.
Although due to the economy stimulating measures, the German economy could recover in the second quarter. The GDP produced by the German economy was much less than a year ago. The economic stimulus package, of course, was not ineffective, even the Bundesbank experts specifically found it favorable, the forecasts expects a 1.6, percent expansion for this, and a 1.2 percent for next year – reports MTI-Eco.

Related news
Related news
What is the optimal protein-fat-carbohydrate intake?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >ifo: Business sentiment improved in Germany
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Rabbit meat has returned to Hungarian plates: the first European Rabbit Meat Days ended with great success
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >

