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Coverage dated May 24, 2023

Germany falls into recession as consumers in Europe’s biggest economy spend less

Headline from KTVZ Bend

By Olesya Dmitracova, CNN London (CNN) — Germany has slipped into recession as last year’s energy price shock takes its toll on consumer spending. Output in Europe’s largest economy dropped 0.3% in the first three months of the year, following a 0.

KTVZ Bend's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

18 articles, oldest first.

  1. The Guardian

    German economy in recession after high prices take toll (opens The Guardian)

    Published

    The Guardian's feed description

    Updated data shows economy went into reverse in first quarter with GDP falling by 0.3%

  2. Deutsche Welle

    German economy enters recession, shrinks 0.3% in 1st quarter – DW (opens Deutsche Welle)

    Published

    Deutsche Welle's feed description

    The German economy contracted slightly in the first quarter of 2023, data from the statistics office shows.

  3. KTVZ Bend

    Germany falls into recession as consumers in Europe’s biggest economy spend less (opens KTVZ Bend)

    Published

    KTVZ Bend's feed description

    By Olesya Dmitracova, CNN London (CNN) — Germany has slipped into recession as last year’s energy price shock takes its toll on consumer spending. Output in Europe’s largest economy dropped 0.3% in the first three months of the year, following a 0.

  4. NBC 5 Dallas-Fort Worth

    German Economy Enters Recession as First-Quarter GDP Data Is Revised Lower (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    The German economy entered a technical recession in the first quarter of this year, after posting a contraction of 0.3% over the three-month period.

  5. WFMZ Allentown

    Germany's GDP shrinks by 0.3% in first quarter to put Europe's biggest economy into recession (opens WFMZ Allentown)

    Published

    WFMZ Allentown's feed description

    New figures show the German economy made an unexpected dip in the first quarter of this year, putting the country formally into recession. Data released Thursday by the Federal Statistical

  6. Axios

    Germany falls into recession as high inflation hits economy (opens Axios)

    Published

    Axios's feed description

    It's the first major nation to officially enter a recession since 2020 — a result of high inflation and tighter monetary policy.

  7. Washington Times

    Germany economy shrinks in first quarter, signaling one definition of recession (opens Washington Times)

    Published

    Washington Times's feed description

    The German economy shrank unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession.

  8. Digital Journal

    Germany in recession as inflation, higher interest bite (opens Digital Journal)

    Published

    Digital Journal's feed description

    Germany fell into a recession around the turn of the year, official figures published Thursday showed, as inflation and higher interest rates curbed

  9. Deutsche Welle

    German economy enters recession amid worsening outlook – DW (opens Deutsche Welle)

    Published

    Deutsche Welle's feed description

    Inflation has taken a heavy toll on the German economy, with consumers spending less on items such as food and clothing. To make matters worse, the outlook for the rest of the year isn't looking much brighter.

  10. New York Times

    Weakening German Economy Slips Into a Recession (opens New York Times)

    Published

    New York Times's feed description

    Consumer spending and exports fell in the first three months of this year, adding to a slump in late 2022 in Europe’s largest economy.

  11. NPR

    Germany's economy contracts, signaling a recession (opens NPR)

    Published

    NPR's feed description

    The German economy shrank unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession. High inflation hit consumer spending.

  12. France 24

    Germany falls into recession as inflation, higher interest rates curb demand (opens France 24)

    Published

    France 24's feed description

    Germany fell into a recession around the turn of the year, official figures published Thursday showed, as inflation and higher interest rates curbed demand in Europe's largest economy.

  13. Breitbart News

    Germany's GDP Shrinks, Formally Officially Enters Recession (opens Breitbart News)

    Published

    Breitbart News's feed description

    New figures show the German economy suffered an unexpected dip in the first quarter of this year, putting the country into recession.

  14. Wall Street Journal

    Germany Enters Recession in Blow to Europe’s Economy (opens Wall Street Journal)

    Published

    Wall Street Journal's feed description

    The world’s fourth-largest economy shrunk for a second consecutive quarter as households cut their spending, which could prompt greater caution by the European Central Bank.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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