📉 Germany's economy hits a rough patch! 💔
The stats are in, and it's not looking great. 😟 Germany's second consecutive quarter of contraction signals a recession on the horizon. 📉😱
Gross domestic product (GDP) took a hit, falling by 0.3% when adjusted for price and calendar effects. This downturn follows a 0.5% contraction in Q4 2022, as Germany grappled with an energy crisis. ⚡💥
Will the economy bounce back? Only time will tell. Stay tuned for more updates! 📊📈 #Germany #Recession #euro #europe