#469 Germany 100%/3.3% R&D

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GDP has now recovered beyond prepandemic levels, but the economy is still
feeling the impact of Russia's war of
aggression against Ukraine. As services
reopened and households started using the
savings built up during the pandemic,
consumer spending rebounded strongly in
2022. However, Russia’s war of aggression
against Ukraine caused significant disruptions
to energy deliveries and to supply chains. This
had an impact on the economy and fuelled
inflation, reining in the recovery both in terms
of consumer spending and investment.

https://economy-finance.ec.europa.eu/system/files/2023-05/DE_SWD_2023_605_en.pdf

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