{"id":30549,"date":"2020-07-01T14:39:49","date_gmt":"2020-07-01T10:39:49","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=30549"},"modified":"2020-07-01T21:08:24","modified_gmt":"2020-07-01T17:08:24","slug":"ifo-sees-europes-largest-economy-contracting-by-6-7-in-2020","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/ifo-sees-europes-largest-economy-contracting-by-6-7-in-2020\/07\/01\/market-updates\/","title":{"rendered":"IFO Sees Europe\u2019s Largest Economy Contracting by 6.7% in 2020"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>\u201cGermany\u2019s economy will gradually recover after a historic slump due to the coronavirus pandemic and will likely return to last year\u2019s level at the end of 2021,\u201d economic institute IFO said on Wednesday, according to Reuters.<\/p>\n\n\n\n<p>IFO sees GDP contracting by 11.9% in Q2 on a quarterly basis and to get back on the track, growing by 6.9% in Q3 and 3.8% in Q4.<\/p>\n\n\n\n<p>\u201cFrom now on, things are gradually improving again,\u201d IFO said but added that the situation was uncertain due to the pandemic and the political reaction to. IFO sees Europe\u2019s largest economy contracting by 6.7% in 2020 as a whole and growing by 6.4% in 2021.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cGermany\u2019s economy will gradually recover after a historic slump due to the coronavirus pandemic and will likely return to last year\u2019s level at the end of 2021,\u201d economic institute IFO said on Wednesday, according to Reuters. IFO sees GDP contracting by 11.9% in Q2 on a quarterly basis and to get back on the track, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,49,36],"tags":[6839,5867],"class_list":["post-30549","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-economic-reports","category-market-updates","tag-germany","tag-ifo"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=30549"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30549\/revisions"}],"predecessor-version":[{"id":30607,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30549\/revisions\/30607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30550"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=30549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=30549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=30549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}