German Economy Grew by 2.7% in 2021 as Country Tackled Supply Chain Issues, Surging Covid Cases

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German Economy Grew by 2.7% in 2021 as Country Tackled Supply Chain Issues, Surging Covid Cases
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The German economy grew by 2.7% in 2021, despite another year of surging Covid-19 cases, pandemic-related restrictions and supply chain pressures.

The German economy grew by 2.7% in 2021 after another year of surging Covid-19 cases, pandemic-related restrictions and supply chain pressures, preliminary data showed Friday.

It comes after the largest euro economy shrunk by 4.6% in 2020 — the first year of full lockdowns and tough social restrictions in the wake of Covid.

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