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German GDP contracts by 0.3 percent in 2023.
Due to high energy costs, rising interest rates, and high inflation, Germany's economy shrank by 0.3% last year, placing it among the world's worst-performing major economies.
This economic downturn in Germany exacerbates the difficult start to the year for the nation, which has been affected by nationwide train strikes and unruly farmer protests.
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El PIB alemán se contraerá un 0,3 por ciento en 2023.