According to Reuters, Bundesbank on Monday has noted that it expected the Germany economy to contract slightly in the second quarter of the year.
"Special effects that contributed to a noticeable rise in gross domestic product in the first quarter are either expiring or being reversed," the bank said in its publication. "The buoyant forces underpinning the strong domestic-oriented sectors of the economy remain fundamentally intact. The dichotomy in the economy will continue."
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