Friday, January 13, 2023

GERMAN ECONOMY GROWS BY 1.9% IN 2022 DESPITE UKRAINE WAR FALLOUT

The German economy is faring better than expected - that's the message from the country's statistics agency following the release of the 2022 GDP figures. 

Leading economists had expected Europe's biggest economy to fall into recession last year - but that appears to have been avoided thanks to government subsidies and a mild winter easing pressure on gas prices. 

From Berlin, Trent Murray reports.  

IN: The data
OUT: SOC
TIME: 48 seconds