German economy expected to contract this year, says Kiel Institute ...Middle East

forex live - News
German economy expected to contract this year, says Kiel Institute
They had previously penciled in a 0.2% growth forecast for the German economy this year. Meanwhile, they also revised lower their projection for the economy next year. That is now see at a growth of 0.5%, down from 1.1% in their previous forecast.Again, with all these forecasts, it's more to do with the trends in the revision than the actual numbers. After a more resilient showing in 1H 2024, mostly thanks to the services sector, the outlook for the German economy is darkening again as the manufacturing sector remains in recession while things are slowing down elsewhere. This article was written by Justin Low at www.forexlive.com.

Hence then, the article about german economy expected to contract this year says kiel institute was published today ( ) and is available on forex live ( 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 expected to contract this year, says Kiel Institute )

Apple Storegoogle play

Last updated :

Also on site :