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- German Economy Ministry: Coronavirus situation puts brakes on economic recovery
German Economy Ministry: Coronavirus situation puts brakes on economic recovery
The German Economy Ministry is out with its latest outlook on the economy, citing a weak final quarter of 2021.
Key takeaways
Coronavirus situation puts brakes on economic recovery.
Expects weak development for GDP in Q4 2021.
Less than a fifth of companies believe supply chain situation will improve by February 2022.
Despite bottlenecks, outlook for exports looks positive.
more to come ....
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