3 ms·
The article which this article links to [1] provides some interesting insights on the exact causes. In particular it's been driven by declining household consum
by somenameforme 3y ago
The article which this article links to [1] provides some interesting insights on the exact causes. In particular it's been driven by declining household consumption which, in turn, has been caused by a surge in food prices - with food cost inflation in Germany exceeding 20%. This was simultaneously paired by falling demand for German exports, particularly in China which had been driving German growth for years.
[1] - https://archive.is/h4ncN https://archive.is/h4ncN