Germany's Q2 GDP Contracts 0.6% Year-on-Year...
![Olaf Scholz, Chancellor of Germany. [Image source=Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2023052519575443811_1685012275.jpg)
Germany's GDP in the second quarter contracted compared to last year.
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On the 28th (local time), the Federal Statistical Office of Germany announced that Germany's GDP in the second quarter decreased by 0.6% compared to the same period last year. The GDP growth rate from the first quarter to the second quarter remained flat at 0%.
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