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this post was submitted on 03 Sep 2023
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The image shows data from April.
In may Germany entered Recession: https://www.reuters.com/markets/europe/germany-enters-recession-2023-05-25/
While the G7/EU other countries may have mostly technically avoided recession, they have only done so barely so far.
I fully expect that all Europe will be deep in recession by the end of the year.
Hmm. Is the graphic about being in a recession sometime in 2023, or is it the question whether the whole year will see a decline?