2024 Germany economic growth forecast increased to 0.3% due to improving key indicators.
Germany has slightly increased its 2024 economic growth forecast to 0.3%, citing signs of improvement in key indicators after a period of economic weakness. The German economy, a major drag on the Eurozone, shrank last year due to inflation, manufacturing slowdown, and trade partner issues. The latest projection from the economy ministry points to a "turning point" with growing indications of a recovery.
April 24, 2024
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