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  • Germany: GDP in the second quarter of 2024 0.1% lower than in the previous quarter

    From destatis.de

    Gross domestic product (GDP) fell by 0.1% in the 2nd quarter of 2024 compared to the 1st quarter of 2024 – adjusted for price, seasonal and calendar effects – after rising slightly at the beginning of 2024 (+0.2% in the 1st quarter of 2024 compared to the 4th quarter of 2023). As the Federal Statistical Office (Destatis) further reports, investments in equipment and buildings, adjusted for price, seasonal and calendar effects, in particular decreased.Compared to the previous year,GDPin the second quarter of 2024, price-adjusted, was 0.3% higher than in the second quarter of 2023. Price- and calendar-adjusted, ... (full story)

  • #1
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  • Jul 30, 2024 4:15am Jul 30, 2024 4:15am
Down it goes. And 0.25% cut isnt going to do the work. It will take a lot more. lots of toxic debt floating around.
  • #2
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  • Jul 30, 2024 4:16am Jul 30, 2024 4:16am
We will see 1-1.5% rates again.
  • #3
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  • Jul 30, 2024 4:41am Jul 30, 2024 4:41am
Exactly what you get from an extreme-left government, poverty, inflation, crime, rich public politicians, and the highest capital exodus from the biggest economies on the planet.
  • #4
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  • Jul 30, 2024 7:13am Jul 30, 2024 7:13am
  •  Trader#C60E
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Soft landing in sight! BTW my Dr. told me I need to get my eyes examined as I don't seem to see very good.
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  •  Trader#C849
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  • Story Stats
  • Posted: Jul 30, 2024 4:12am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 4  /  Views: 4,441
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