German GDP fell 0.1% quarter-on-quarter, Germany’s Federal Office said earlier on Wednesday. The annual growth rate in Europe’s largest economy slowed from 0.9% in the first quarter to 0.4% in the second quarter. This news comes amid a global slowdown of the economy. Industrial production in the euro zone countries fell by 1.6% in June compared to the previous month, and by 2.6% from the … Continue reading German economy shrinks in second quarter amid a slowing global economy