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Gross domestic product: detailed results on the economic performance in the 4th quarter of 2021
The gross domestic product (GDP) fell by 0.3% in the fourth quarter of 2021 on the third quarter of 2021 upon adjustment for price, seasonal and calendar variations. After economic performance had increased again last summer despite growing delivery bottlenecks and material shortages, the recovery of the German economy came to a halt at the end of the year due to the fourth Covid-19 wave and another reinforcement of Covid-19 preventive measures. According to figures from the Federal Statistical Office (Destatis), the GDP development was however more positive than reported in the first release of 28 January 2022, both ... (full story)