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UK and Japan slipped into recession at the end of 2023. But what exactly is a recession and is it any different from what it is commonly thought to be? ....
Germany’s central bank in its monthly report, stated that after a 0.3 per cent contraction in the final quarter of 2023, output is “likely to decline slightly” from January to March. This would mark the second consecutive decline in economic output, Economy News, Times Now ....
Article - U.K. Enters Technical Recession, New GDP Figures Show - It comes after GDP shrank in both Q3 and Q4, by 0.1% and 0.3% respectively. Despite those two quarters, GDP across the entirety of 2023 grew marginally by 0.1%. ....