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Home>RCM’s Chief Economist on Germany and Global Market Headwinds

RCM’s Chief Economist on Germany and Global Market Headwinds

Perspectives Content Submission

Wed, 24 Aug 2011

What are the implications of Germany missing its GDP estimates for the second quarter? The growth moderation, both globally and in Germany, is stronger than originally expected but does not come as a surprise. The reasons for weaker growth are high oil prices, fiscal austerity in Europe and tighter
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