
German recession confirmed
Gross domestic product (GDP) shrank 0.3% in the last three months of 2001, following a 0.2% fall between July and September.
The numbers, which were worse than many economists had expected, also showed that in December Germany's economy was 0.1% smaller than it had been in December 2000.
On a seasonally adjusted basis, growth was zero for 2001, the
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