{"id":255,"date":"2024-08-11T08:23:46","date_gmt":"2024-08-11T08:23:46","guid":{"rendered":"https:\/\/berlinpresse.com\/germany-on-brink-of-recession-eurozone-beats-forecasts-with-0-3-growth-us-job-openings-fall-as-it-happened-business\/"},"modified":"2024-08-11T08:23:46","modified_gmt":"2024-08-11T08:23:46","slug":"germany-on-brink-of-recession-eurozone-beats-forecasts-with-0-3-growth-us-job-openings-fall-as-it-happened-business","status":"publish","type":"post","link":"https:\/\/berlinpresse.com\/en\/germany-on-brink-of-recession-eurozone-beats-forecasts-with-0-3-growth-us-job-openings-fall-as-it-happened-business\/","title":{"rendered":"Germany on brink of recession; eurozone beats forecasts with 0.3% growth; US job openings fall \u2013 as it happened | Business"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"liveblog-body\"><gu-island name=\"EnhancePinnedPost\" priority=\"feature\" deferuntil=\"idle\" props=\"{}\"\/><\/p>\n<div id=\"pinned-post\" data-gu-marker=\"pinned-post\" data-component=\"pinned-post\" class=\"dcr-r5tmyr\"><input type=\"checkbox\" id=\"pinned-post-checkbox\" name=\"pinned-post-checkbox\" tabindex=\"-1\" class=\"dcr-11n52fl\"\/><\/p>\n<div id=\"collapsible-body\" class=\"dcr-1axsptg\">\n<article class=\"block dcr-1xlsn8h\">\n<header class=\"dcr-88va8u\">\n<h2 class=\"dcr-1wl2b6o\">Germany&#8217;s economy shrinks unexpectedly<\/h2>\n<\/header>\n<p class=\"dcr-1hirwfs\"><strong>Newsflash: Germany\u2019s economy is back on the brink of recession.<\/strong><\/p>\n<p class=\"dcr-1hirwfs\">Germany\u2019s GDP shrank by 0.1% in the second quarter of this year, new data from statistics body Destatis shows.<\/p>\n<p class=\"dcr-1hirwfs\">That\u2019s a blow to Berlin\u2019s government, which has been hit by <a href=\"https:\/\/www.theguardian.com\/world\/article\/2024\/jul\/15\/germany-close-key-rail-corridor-overhaul-train-network-deutsche-bahn\" data-link-name=\"in body link\">an ailing train network<\/a>, the surge in energy prices after Russia\u2019s invasion of Ukraine, <a href=\"https:\/\/www.theguardian.com\/world\/2024\/jan\/08\/german-farmers-block-roads-tractors-subsidies-protest\" data-link-name=\"in body link\">protests by farmers<\/a>, <a href=\"https:\/\/www.theguardian.com\/world\/2024\/feb\/02\/germany-economy-sick-man-of-europe-label\" data-link-name=\"in body link\">weaker demand from China<\/a>, and <a href=\"https:\/\/www.theguardian.com\/world\/article\/2024\/jul\/11\/germany-afd-extremist-allies-set-up-second-eu-parliament-far-right-group\" data-link-name=\"in body link\">a rise in support for far-right politicians<\/a>.<\/p>\n<p class=\"dcr-1hirwfs\">Economists had expected growth of 0.1% in the quarter.<\/p>\n<p class=\"dcr-1hirwfs\">The decline in activity was due to a fall in manufacturing and construction&#8230;<\/p>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theguardian.com\/business\/live\/2024\/jul\/30\/eurozone-gdp-france-economy-growth-faster-than-expected-bp-profits-beat-expectations-business-live\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Germany&#8217;s economy shrinks unexpectedly Newsflash: Germany\u2019s economy is back on the brink of recession. Germany\u2019s GDP shrank by 0.1% in the second quarter of this year, new data from statistics body Destatis shows. That\u2019s a blow to Berlin\u2019s government, which has been hit by an ailing train network, the surge in energy prices after Russia\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-255","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"_links":{"self":[{"href":"https:\/\/berlinpresse.com\/en\/wp-json\/wp\/v2\/posts\/255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/berlinpresse.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/berlinpresse.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/berlinpresse.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/berlinpresse.com\/en\/wp-json\/wp\/v2\/comments?post=255"}],"version-history":[{"count":0,"href":"https:\/\/berlinpresse.com\/en\/wp-json\/wp\/v2\/posts\/255\/revisions"}],"wp:attachment":[{"href":"https:\/\/berlinpresse.com\/en\/wp-json\/wp\/v2\/media?parent=255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/berlinpresse.com\/en\/wp-json\/wp\/v2\/categories?post=255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/berlinpresse.com\/en\/wp-json\/wp\/v2\/tags?post=255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}