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German economy likely to grow again from October or November: minister – Metro US

German economy likely to grow again from October or November: minister

Germany’s Federal Economy Minister Peter Altmaier gives a news conference
Germany’s Federal Economy Minister Peter Altmaier gives a news conference in Berlin

BERLIN (Reuters) – Europe’s largest economy will likely start to grow again from October or November, German Economy Minister Peter Altmaier said on Wednesday.

The German economy has been battered by the coronavirus crisis, with economic output contracting by 2.2% in the first quarter, its steepest rate since 2009.

The government expects the economy to shrink by 6.3% this year, its worst recession since World War Two.

(Reporting by Michelle Martin, editing by Thomas Escritt)