German economy has probably stalled – Bloomberg survey ...News

Growth in the EU’s powerhouse has gotten off to a slow start this year due to persistent economic headwinds, analysts believe The German economy has probably failed to grow again at the start of 2024 after contracting in the final quarter of last year, Bloomberg reported on Monday. Analysts surveyed by the outlet said they now expect GDP to stall in the first three months of the year. A third of respondents are reportedly even more pessimistic and are projecting a contraction. “The data still point toward a modest contraction in the first quarter, although it seems like the bottom is near,” Rabobank analyst Erik-J

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