German economy may sink into recession: Central Bank ...Middle East

Daily Sun - News

FRANKFURT: The German economy may fall into recession in the first quarter of 2024, as headwinds persist, the German central bank predicted on Monday, reported Xinhua.While confirming that economic output had contracted by a seasonally-adjusted 0.3 per cent in the last quarter of 2023, the Bundesbank forecast that it will decline again in the first quarter.In its February Monthly Report released on Monday, the central bank says that the weakness of the economy will continue due to low order intake, dampened investment, and unfavourable weather conditions.However, in defiance of the weakness of the economy, the labour market in Germany remains robust. The fourth quarter of 2023 saw an increas

Hence then, the article about german economy may sink into recession central bank was published today ( Tuesday 20/02/2024 - 08:41 AM ) and is available on Daily Sun ( Middle East ) 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 may sink into recession: Central Bank )

Last updated : 20 February 2024 clock 08:41 AM

Also on site :

German economy may sink into recession: Central Bank ...Middle East

Rishabh Pant clueless about his game in T20s and ODIs, claims ex-BCCI selector

RFK, Trump Admin Ramping Up Vaccine Attacks Amid Softer Rhetoric .. Opinion

'Mayank Yadav nearly lost his career & livelihood at 21': Ian Bishop defends LSG pacer amid criticism

Gertrude Stein, the loud lesbian visionary who enraged the literary elite

A Place to Connect and Heal: UNC Holds Annual Community Walk for Suicide Prevention

Exclusive: Omni raises $120 million to fix one of AI’s biggest enterprise data problems

Crimson Desert's latest patch adds new difficulty options, lets you adopt a pet bird, and unglues cats from shoulders

‘Money Heist’ Producer Atresmedia Releases First-Look Images of Big New Primetime Play ‘Ágata and Lola’ (EXCLUSIVE)

Joanna Gaines’ Magnolia rugs are up to 50% off during Way Day 2026

Virgin Voyages Just Launched an AI Tool for Booking—And It's Actually Kind of Cool

Hisense Unveils UR9 Series, Defining the Next Era of True RGB MiniLED Display

1967 Classic Ranked Among ‘Top Rock Songs of All Time’ Became a Timeless Anthem

Candidates vying for U.N. secretary-general role face questions

Turning Point USA leader outraged after Texas university restricts access to Tom Homan-led event

Meet AGI CPU — a specialist processor that engineers believe will power the next wave of AI