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German Industry is 'War Zone' as Recession Causes Export CollapseQuicklink Submitted By Margaret Bassett No comments
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| Output slumped 7.5pc in January ? the biggest monthly slide since reunification in 1991 ? and a staggering 19.3pc lower than the same month last year. Independent forecasters expect the economy to shrink 3.7pc this year although Berlin is sticking to its own prediction of a 2.25pc fall. |
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