About: http://data.cimple.eu/news-article/ba852e70d2bba6377bb9cf96b808cb2164da9d82e26c29b8184762c1

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/ba852e70d2bba6377bb9cf96b808cb2164da9d82e26c29b8184762c1 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	The German economy, Europe's largest, posted just 0.1 percent growth in the fourth quarter last year as new coronavirus restrictions choked off activity, official figures showed Friday. The Destatis statistics office said a sharp rebound of 8.5 percent in the third quarter "was braked by the restrictions imposed (to curb) a second wave of the virus at the end of the year". Compared with fourth quarter of 2019, the German economy contracted 3.9 percent. For full-year 2020, the Germany economy shrank 5.0 percent, in line with estimates published earlier this month. Meanwhile the Federal Labour Agency reported a stable unemployment rate for January of 6.0 percent despite the new measures imposed the previous month to slow the spread of coronavirus. The country closed restaurants, hotels, culture and leisure centres in November, followed by schools and non-essential shops in December. The measures have since been extended until mid-February. Analysts said the outlook remained uncertain. "The resilience shown in the fourth quarter is not going to last," said Andrew Kenningham, chief economist at Capital Economics. According to the DIW Institute, German output in the first quarter this year could shrink 3.0 percent. But there is some hope that the rollout of vaccination programmes will begin to limit the pandemic damage later in the year. "We could see a clear rebound in the second half of the year if enough people get vaccinated," said Fritzi Koehler-Geib, chief economist with KFW bank. Earlier this week, the German government cut its 2021 growth forecast sharply, to 3.0 percent from 4.4 percent given the persistence of the health crisis which likely means the economy will not return to pre-pandemic levels until mid-2022. fcz-dlc/sr/rl
schema:headline	German economy posts minimal growth as virus bites
schema:mentions	New Zealand Labour Party Germany European Union Pandemic Virus Vaccine Severe acute respiratory syndrome coronavirus 2 Government Cut DIW Records KfW Capital Economics Economy Microsoft Outlook
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-01-29 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	61 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software