The gross domestic product (GDP) rose by 0.3% in the fourth quarter of 2020 compared with the third quarter of 2020 after adjustment for price, seasonal and calendar variations. After the historic 9.7% slump of the GDP in the second quarter of 2020, the German economy had recovered in the third quarter of 2020 (+8.5%). In the fourth quarter, however, the recovery process slowed due to the second coronavirus wave and another lockdown imposed at the end of the year. According to figures from the Federal Statistical Office (Destatis), the GDP development was slightly more positive than reported in the first release of ... (full story)