German Gross domestic product down 0.2% in 2nd quarter of 2014

The German economy is losing momentum. In the second quarter of 2014, the gross domestic product (GDP) decreased 0.2% on the previous quarter after adjustment for price, seasonal and calendar variations; this is reported by the Federal Statistical Office (Destatis). However, one of the reasons…

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German Gross domestic product down 0.2% in 2nd quarter of 2014