The government advisory council predicts that 2020 GDP will contract by 5.1%

The German government’s economic advisory council predicts that the country’s GDP will contract by 5.1% in 2020 due to the coronavirus pandemic, Sueddeutsche Zeitung has reported, citing a leaked report from the advisory council.

Come that gross domestic product German GDP will increase by 3.7% next year, has added the media.

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Credits: Forex Street

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