RTTNews - Wednesday, Germany's Federal Statistical Office said there were 7,712 enterprise insolvencies and 24,106 consumer insolvencies in the first quarter. Insolvency courts registered a total of 39,004 in the first quarter.

Without the results of Nordrhein-Westfalen, the total number of insolvencies increased 0.4% year-on-year in the first quarter. At the same time, enterprise insolvencies increased 10%, while insolvencies of consumers decreased 2.4%.

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