Update 2-German economy expected to contract slightly in 2023 - BDI ...Middle East

The German economy is expected to contract by 0.3% this year and the energy crisis triggered by Russia's invasion of Ukraine will continue to weigh on industry in Europe's largest economy, Germany' BDI industry association said on Tuesday, Mild recessionary trends are expected to predominate at the start of the year, but things should start to improve in the spring, BDI President Siegfried Russwurm said.

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