Germany likely in recession – Bundesbank ...News

Russia Today - Economy
Germany likely in recession – Bundesbank
source : Russia Today ( News ) () 63
Economic output is expected to decline again in the first quarter of the year, the country’s central bank warns The struggling German economy may shrink further in the first quarter of 2024, the country’s central bank warned in a monthly report published on Monday. According to the forecast, Germany’s external industrial demand is likely to remain weak, while consumers will continue to be cautious with spending and domestic investment will suffer further from high interest rates. “There is still no recovery for the German economy... Some stress factors will probably remain in the first quarter of 2024... economic

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