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Июль
2023

Germany faces exceptionally difficult years - study

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The country risks a prolonged recession, economists have warned

German industrial production unexpectedly fell in May, raising fears of a prolonged downturn in the EU's top economy, data from the federal statistics agency Destatis showed on Friday.

Output slipped by 0.2% compared to the previous month, as a 13% drop in pharmaceuticals outweighed increased vehicle production.

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