Germans not willing to consume enough

This statement can be read in the German Federal Statistics Office’s report, published on Wednesday in Wiesbaden. According to the report; the German GDP shrank by 5 percent last year.

In the fourth quarter of last year GDP stagnated on the level of the previous quarter. Therefore the slight increase  of the German economy did not continue.
The German business climate has deteriorated in February, which ended the continuous improvement of the previous ten months – reports Világgazdaság Online, after N24.