( ) -q-26- UNDATED (Correspondent Jeremy House) “in the spring.’” Germany’s government says it expects the country’s economy to shrink by 0.4% this year. [CutID: <Cuts> GERMANY-ECONOMY-house-q-WEDam.mp3 Time: 26s Title: GERMANY-ECONOMY-house-q-WEDam Out-cue: in the spring] TAG: Correspondent Jeremy House reporting. The International Monetary Fund forecast on Tuesday that the German economy will shrink by 0.5%. […]
Audio
Germany forecasts its economy will shrink by 0.4% this year
( ) -q-26- UNDATED (Correspondent Jeremy House) “in the spring.'”
Germany’s government says it expects the country’s economy to shrink by 0.4% this year.
[CutID: <Cuts> GERMANY-ECONOMY-house-q-WEDam.mp3
Time: 26s
Title: GERMANY-ECONOMY-house-q-WEDam
Out-cue: in the spring]
TAG: Correspondent Jeremy House reporting. The International Monetary Fund forecast on Tuesday that the German economy will shrink by 0.5%. A group of leading German economic think tanks last month predicted a 0.6% contraction.
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VERBATIM: The German government joined a string of other forecasters in revising sharply downward its outlook for Europe’s biggest economy. The revised forecast contrasted with the 0.4% growth that the government predicted in late April. The Economy Ministry said that “the effects of the energy price crisis in combination with global economic weakness are weighing down the German economy more persistently than was assumed in the spring.”