{"id":44466,"date":"2021-04-15T14:42:23","date_gmt":"2021-04-15T10:42:23","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=44466"},"modified":"2021-04-15T14:42:26","modified_gmt":"2021-04-15T10:42:26","slug":"germanys-economy-contracted-by-1-8-in-q1-of-2021-due-to-covid-19-restrictions","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/germanys-economy-contracted-by-1-8-in-q1-of-2021-due-to-covid-19-restrictions\/04\/15\/market-updates\/","title":{"rendered":"Germany&#8217;s Economy Contracted by 1.8% in Q1 of 2021 Due to COVID-19 Restrictions"},"content":{"rendered":"\n<p>Prominent economic institutes said that the German economy may shrink 1.8% on a quarterly basis in the first three months of this year due to the restrictions of Covid-19, a revision of their joint forecast of growth in Europe&#8217;s largest economy.<\/p>\n\n\n\n<p>Institutes now expect GDP growth of 3.7% this year, down from their previous forecast of 4.7%. But the institutes revised by raising their forecast for 2022 GDP to 3.9% from 2.7%, expecting household spending to rise once the restrictions of the Coronavirus are lifted again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prominent economic institutes said that the German economy may shrink 1.8% on a quarterly basis in the first three months of this year due to the restrictions of Covid-19, a revision of their joint forecast of growth in Europe&#8217;s largest economy. Institutes now expect GDP growth of 3.7% this year, down from their previous forecast &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34631,"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":[36],"tags":[6839],"class_list":["post-44466","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-germany"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44466","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=44466"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44466\/revisions"}],"predecessor-version":[{"id":44467,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44466\/revisions\/44467"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34631"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=44466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=44466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=44466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}