Local businesses expect the EU’s largest economy to shrink by 0.5% this year, according to a DIHK chambers of industry and commerce poll.
German businesses expect the country’s economy to contract by 0.5% this year, which would mark the second straight year of decline and the worst downturn in twenty years, a poll of over 27,000 companies carried out by the DIHK chambers of industry and commerce revealed.
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