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German economy enters recession as first-quarter GDP data is revised lower

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Before sunrise, the residential buildings and office towers of the banking metropolis in Frankfurt are reflected in the quietly flowing Main River.

Picture Alliance | Picture Alliance | Getty Images

The German economy entered a technical recession in the first quarter of this year, after posting a contraction of 0.3% over the three-month period.

This is a breaking news story, please check back later for more.

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