News
Latest News
news bulletin
Breaking Headlines
Lebanon News
Press Highlights
World
Lebanon Economy
News Bulletin Reports
Variety
Middle East
Sports
Other News
Breaking Headlines
Lebanon News
Press Highlights
World
Lebanon Economy
News Bulletin Reports
Variety
Middle East
Sports
Beirut
25
o
Mount Lebanon
27
o
Metn
29
o
Keserwan
29
o
North
28
o
South
27
o
Bekaa
30
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Ahmar Bel Khat Al Areed
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
25
o
Mount Lebanon
27
o
Metn
29
o
Keserwan
29
o
North
28
o
South
27
o
Bekaa
30
o
News
Programs
The News
Breaking Headlines
Lebanon News
Press Highlights
World
Lebanon Economy
News Bulletin Reports
Variety
Middle East
Sports
Programs
Series
Talk Show
News Bulletin
Variety
Comedy
Other
Sports
Documentaries
The Untold History
New Year Shows
Lebanon’s Centennial
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
German economy enters recession
World
2023-05-25 | 03:57
High views
Share
Share
0
min
German economy enters recession
The German economy contracted slightly in the first quarter of 2023 compared with the previous three months, thereby entering recession, data from the statistics office showed on Thursday.
Gross domestic product fell by 0.3 percent for the quarter when adjusted for price and calendar effects, the data showed. This follows a decline of 0.5 percent in the fourth quarter of 2022. A recession is commonly defined as two successive quarters of contraction.
A preliminary estimate had shown GDP stagnating in the first quarter and Germany skirting a recession.
Inflation continued to be a burden on the German economy at the start of the year, the statistics office said. This was reflected in household consumption, which was down 1.2 percent quarter-on-quarter after price, seasonal and calendar adjustments.
By contrast, investment was up in the first three months of the year, following a weak second half of 2022. There were also positive contributions from trade.
Reuters
World
Germany
Economy
Enters
Recession
Next
Russia detains Ukrainians for plotting attack on nuclear power station lines
Russia's Wagner starts withdrawing units from Bakhmut - Prigozhin R
Previous
Related Articles
d-none hideMe
0
World
2023-04-25
South Korea economy averts recession but faces tough headwinds
World
2023-04-25
South Korea economy averts recession but faces tough headwinds
0
World
2023-04-14
German economy expected to skirt recession
World
2023-04-14
German economy expected to skirt recession
0
World
2023-04-04
Germany forecast to skirt recession
World
2023-04-04
Germany forecast to skirt recession
0
Middle East
04:27
Saudi Arabia economy grew 3.8 percent in Q1 boosted by non-oil activities
Middle East
04:27
Saudi Arabia economy grew 3.8 percent in Q1 boosted by non-oil activities
Recommended For You
d-none hideMe
0
World
08:50
Indonesia accuses EU of 'regulatory imperialism' with deforestation law
World
08:50
Indonesia accuses EU of 'regulatory imperialism' with deforestation law
0
World
08:40
Massive fire as Sudanese factions battle for control of arms factory
World
08:40
Massive fire as Sudanese factions battle for control of arms factory
0
World
07:43
China willing to deepen cooperation with UK financial sector -state media
World
07:43
China willing to deepen cooperation with UK financial sector -state media
0
World
07:35
Ukraine says it could lose millions of tons of crops after dam collapse
World
07:35
Ukraine says it could lose millions of tons of crops after dam collapse
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Middle East
2023-02-02
Turkey summons Norwegian ambassador over permission for protest
Middle East
2023-02-02
Turkey summons Norwegian ambassador over permission for protest
0
Lebanon News
2023-05-29
Advancing gender equality in Lebanon and MENA: Unveiling the next chapter of SAWI for women's inclusion and empowerment
Lebanon News
2023-05-29
Advancing gender equality in Lebanon and MENA: Unveiling the next chapter of SAWI for women's inclusion and empowerment
0
Lebanon News
03:30
Man kills his wife and mother-in-law, commits suicide
Lebanon News
03:30
Man kills his wife and mother-in-law, commits suicide
0
Lebanon News
2023-06-05
Speaker Berri calls for a session on June 14th at 11:00 AM to elect a president
Lebanon News
2023-06-05
Speaker Berri calls for a session on June 14th at 11:00 AM to elect a president
Videos
d-none hideMe
0
World
2023-05-31
US Assistant Secretary Leaf indicates administration’s consideration of sanctions on Lebanese leaders over presidential election stalemate
World
2023-05-31
US Assistant Secretary Leaf indicates administration’s consideration of sanctions on Lebanese leaders over presidential election stalemate
0
Middle East
2023-05-30
Lebanese Army successfully frees kidnapped Saudi citizen and arrests kidnappers: Commander Joseph Aoun
Middle East
2023-05-30
Lebanese Army successfully frees kidnapped Saudi citizen and arrests kidnappers: Commander Joseph Aoun
0
Lebanon News
2023-05-28
New Lebanese Embassy Building in Canada: A Triumph of Determination and Belonging
Lebanon News
2023-05-28
New Lebanese Embassy Building in Canada: A Triumph of Determination and Belonging
0
Variety
2023-03-16
BAM Leb mobile app launched to revolutionize Lebanon's tourism, culture experience
Variety
2023-03-16
BAM Leb mobile app launched to revolutionize Lebanon's tourism, culture experience
0
News Bulletin Reports
2023-02-02
US must think long before granting Lebanon Caesar Act waiver: Congressman
News Bulletin Reports
2023-02-02
US must think long before granting Lebanon Caesar Act waiver: Congressman
0
Lebanon News
2023-01-25
Beirut blast investigations: The latest
Lebanon News
2023-01-25
Beirut blast investigations: The latest
0
Lebanon News
2023-01-23
Here is what preliminary investigations reveal after grenade attack on LBCI
Lebanon News
2023-01-23
Here is what preliminary investigations reveal after grenade attack on LBCI
0
Lebanon News
2023-01-19
Khalaf, Saliba start open-ended stay inside parliament until president is elected
Lebanon News
2023-01-19
Khalaf, Saliba start open-ended stay inside parliament until president is elected
0
News Bulletin Reports
2022-12-23
Lebanon lacks leaders with geopolitical vision: Naufal Daou
News Bulletin Reports
2022-12-23
Lebanon lacks leaders with geopolitical vision: Naufal Daou
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
13:23
French President Macron appoints Jean-Yves Le Drian as Personal Envoy to Lebanon
Lebanon News
13:23
French President Macron appoints Jean-Yves Le Drian as Personal Envoy to Lebanon
2
Lebanon News
02:52
Presidential Elections 101: The numbers behind Lebanon’s presidential voting requirements
Lebanon News
02:52
Presidential Elections 101: The numbers behind Lebanon’s presidential voting requirements
3
Press Highlights
00:39
Lebanon's absent Caretaker Prime Minister: Mikati's decision to skip Brussels conference
Press Highlights
00:39
Lebanon's absent Caretaker Prime Minister: Mikati's decision to skip Brussels conference
4
Press Highlights
01:23
Navigating political turmoil: Le Drian's appointment signals French policy shift
Press Highlights
01:23
Navigating political turmoil: Le Drian's appointment signals French policy shift
5
Lebanon News
12:27
Taymour Jumblatt: Cooperation and interaction with China is a must
Lebanon News
12:27
Taymour Jumblatt: Cooperation and interaction with China is a must
6
Lebanon News
03:30
Man kills his wife and mother-in-law, commits suicide
Lebanon News
03:30
Man kills his wife and mother-in-law, commits suicide
7
Press Highlights
03:18
The Greater Jihad: Shiite duo's pressure tactics in presidential race
Press Highlights
03:18
The Greater Jihad: Shiite duo's pressure tactics in presidential race
8
Lebanon News
04:58
MP Charbel Maroun to LBCI: Jihad Azour is not our candidate, but rather a consensus choice among other political rivals
Lebanon News
04:58
MP Charbel Maroun to LBCI: Jihad Azour is not our candidate, but rather a consensus choice among other political rivals
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More