Summary<\/strong><\/h2>\nThe above data highlights the massive negative economic impact of the coronavirus on Germany’s economy. The lockdown measures caused the shutdown of many industries and the fall in demand, especially for non-essential products.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Federal Statistical Office of Germany, otherwise known as Destatis recently released Germany\u2019s GPD figures for the second quarter of 2020. According to the data, the country\u2019s GDP dropped by a whopping 9.7% after adjusting for price compared to the country\u2019s Q1 2020 GDP figure. It was also a -11.3% decline compared to the country\u2019s […]<\/p>\n","protected":false},"author":6,"featured_media":1228,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"Germany's GDP Plummets by 9.7% in Q2 2020: Shocking Figures Released by Destatis","_seopress_titles_desc":"Discover the economic devastation caused by the pandemic as Germany's GDP drops drastically, affecting both domestic and foreign demand.","_seopress_robots_index":"","tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1007],"tags":[378,167,253],"_links":{"self":[{"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/posts\/1227"}],"collection":[{"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/comments?post=1227"}],"version-history":[{"count":1,"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/posts\/1227\/revisions"}],"predecessor-version":[{"id":1229,"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/posts\/1227\/revisions\/1229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/media\/1228"}],"wp:attachment":[{"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/media?parent=1227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/categories?post=1227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businessner.com\/wp-json\/wp\/v2\/tags?post=1227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}