German economy forecast to shrink ...News

Russia Today - Economy
German economy forecast to shrink
source : Russia Today ( News ) () 30
Gross domestic product will fall 0.5% this year, according to the IMK institute Germany’s GDP is expected to shrink by 0.5% this year as the EU’s largest economy continues to struggle with an energy crisis and higher interest rates, the IMK institute reported on Tuesday. The IMK’s forecast of 0.7% GDP growth for 2024 is also significantly more pessimistic than its spring projection of 1.2%. Other German economic institutes such as the Ifo expect GDP growth of 1.4% for 2024. “The German economy, weakened by energy price shocks, will not really get going in the coming months, because high interest rates and a subdue

Hence then, the article about german economy forecast to shrink was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( German economy forecast to shrink )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
China Moves to Broker Ceasefire in Pakistan-Afghanistan Conflict
OILPRICE - before 8 hours & minute
UAE Halts Shah Gas Field After Iranian Drone Attack
OILPRICE - before 10 hours & 39 minute
Chinese Oil Giants Return to Russian Crude After U.S. Sanctions Waiver
OILPRICE - before 9 hours & 30 minute
Skyrocketing Gas Prices Threaten Political Order Across the Globe
OILPRICE - before 3 hours & 5 minute
EU will ‘inevitably beg for more Russian gas’ – Putin envoy
Russia Today - before 11 hour & 13 minute
Independent Pubs Face 'Devastating' Energy Cost Spikes
OILPRICE - before 3 hours & 54 minute
Crexi Announces 2026 Platinum Award Winners, Honoring Over 1,000 Top Users Across Platform
PR Newswire - before 10 hours & 39 minute
Lloyds faces questions over ‘troubling’ banking app glitch that showed other users’ transactions
INDEPENDENT - before 10 hours & 35 minute
Armada Brings NVIDIA AI Grid Capabilities to Telcos
PR Newswire - before 5 hours & 52 minute
Lloyds faces questions from Treasury Committee about recent banking app glitch
INDEPENDENT - before 11 hour & 25 minute
Doodles Trained an AI Model on Nothing But Its Own Art. Now the Company Wants to Make a Feature Film with it
PR Newswire - before 4 hours & 28 minute
The Body Shop to Accelerate Product Innovation with Centric PLM
PR Newswire - before 3 hours & 21 minute


Latest News

Urgent warning after pensioner loses £4,000 in ‘cruel’ friendship scam

before 8 minute

Nscale et Microsoft annoncent leur collaboration avec NVIDIA et Caterpillar pour fournir 1,35 GW de GPU NVIDIA Vera Rubin NVL72 sur le campus phare de l'usine d'IA en Virginie-Occidentale.

before 11 minute

Der blinde Fleck des CFO: 92 % verlassen sich bei Abschlüssen immer noch auf manuelle Arbeit - trotz des vorhandenen Automatisierungspotenzials

before 45 minute

Standard Chartered Predicts Oil Prices Will Remain Higher For Longer

before hour

El 92 % de los directores financieros depende de esfuerzos manuales para el cierre contable

before hour & 15 minute

Cognizant breidt AI-infrastructuurmogelijkheden uit met de lancering van Cognizant AI Factory

before hour & 43 minute

U.S. Locks In $56 Billion of Asian Energy Deals Amid Gulf Disruptions

before hour & 59 minute

China: Foreign Exchange Market Maintains Stability in February

before 2 hours & 6 minute

Judge reinstates 1,000 Voice of America employees, deems wind-down illegal

before 2 hours & 28 minute

Bitmine Immersion Technologies (BMNR) maakt bekend dat het 4,596 miljoen ETH-tokens in bezit heeft en dat het totale bezit aan cryptovaluta en contanten 11,5 miljard dollar bedraagt

before 2 hours & 48 minute

Skyrocketing Gas Prices Threaten Political Order Across the Globe

before 3 hours & 5 minute

The Body Shop to Accelerate Product Innovation with Centric PLM

before 3 hours & 21 minute

Carrier Ventures Invests in Heat Geek to Accelerate Heat Pump Adoption Across Europe

before 3 hours & 54 minute

Independent Pubs Face 'Devastating' Energy Cost Spikes

before 3 hours & 54 minute

Doodles Trained an AI Model on Nothing But Its Own Art. Now the Company Wants to Make a Feature Film with it

before 4 hours & 28 minute