Slump in consumption, exports push Germany into recession in first quarter

BERLIN (Reuters) - A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed on Monday, giving a glimpse of the damage caused by the coronavirus pandemic.The Federal Statistics Office said capital investments fell by 6.9%, private consumption by 3.2% and exports by 3.1% between January and March compared with the last three months of 2019. This meant that private consumption took off 1.7 percentage points..