By Ludwig Burger
FRANKFURT, May 15 (Reuters) – Economic growth in Germany, which was just 0.3% in the first quarter, will likely take a significant hit from the effects of the Iran war in the second quarter, the federal economy ministry warned on Friday.
“Rising prices, supply chain issues and uncertainty are weighing on sentiment among businesses and households,” the ministry said in its monthly report.
(Reporting by Ludwig Burger, Editing by Linda Pasquini)