Germany GDP in 2009

Germany, drastically revised
downward the GDP: in 2009 -6%

The German government has cut estimates of GDP in 2009 from -2.25% to -6%. For 2010 is expected to grow instead of 0.5%. The ministry has notified the 'Economics in a note. For private consumption is expected to decline by 0.1% in 2009 and 0.3% in 2010. During the 'year, the Ministry provides for a stabilization of the economy. The decline of the estimated GDP for this year is by far the largest since the end of the Second World War. The worst performance of the 'German economy since then, we suffered in 1975, when GDP fell by 0.9%, the worst of the Reunification of the two Germanys in 1993, when there was a decrease of 0.8%.

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