{"id":46055,"date":"2021-05-25T12:35:00","date_gmt":"2021-05-25T08:35:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=46055"},"modified":"2021-05-25T12:02:59","modified_gmt":"2021-05-25T08:02:59","slug":"the-german-economy-contracted-more-than-expected-in-q1","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/the-german-economy-contracted-more-than-expected-in-q1\/05\/25\/market-updates\/","title":{"rendered":"The German Economy Contracted More Than Expected in Q1"},"content":{"rendered":"\n<p>Data on Tuesday showed that the German economy contracted by more than expected 1.8% on a quarterly basis in the first three months of the year, as restrictions linked to the Coronavirus squandered private consumption in Europe&#8217;s largest economy.<\/p>\n\n\n\n<p>The Federal Statistics Office said gross domestic product shrank 3.1% year-on-year.<\/p>\n\n\n\n<p>A Reuters poll had indicated a contraction of 1.7% on a quarterly basis in Q1, and 3% on an annual basis, after adjusting in light of seasonal factors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data on Tuesday showed that the German economy contracted by more than expected 1.8% on a quarterly basis in the first three months of the year, as restrictions linked to the Coronavirus squandered private consumption in Europe&#8217;s largest economy. The Federal Statistics Office said gross domestic product shrank 3.1% year-on-year. A Reuters poll had indicated &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-46055","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\/46055","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=46055"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46055\/revisions"}],"predecessor-version":[{"id":46056,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46055\/revisions\/46056"}],"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=46055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=46055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=46055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}