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German economy expected to contract again in 2024, say sources

Germany's leading economic institutes have downgraded their forecast for 2024 and now ... the economy to grow 0.3% this year. An update is due in October. Reuters is a news agency founded in ... Read More
Germany's economy expected to grow 1.5% in 2026, according to the Ifo economic think tank
Germany's foreign minister is meeting with European counterparts for talks on Ukraine. Meanwhile, Germany's sluggish economy is forecast to grow due to new government measures and a spending surge. DW ... Read More
German Economy May Contract in 2024, Bundesbank Chief Says

German Economy May Contract in 2024, Bundesbank Chief Says Second half of year is weaker than expected, he says in Berlin ECB official worries about more protectionism if Trump wins ... Read More
German economy shrank more than expected at end of 2024

FRANKFURT: Germany's economy shrank more than expected at the end of 2024, official data showed Thursday, the latest bad news for ... the German economy to grow just 0.3 percent in 2025, down ... Read More
German economy expected to contract again in 2024, economy minister says

BERLIN (Reuters) -Germany's economy is expected to contract by 0.2% in 2024, the economy ministry said on Wednesday, which is likely to make it for the second year running the only member of the ... Read More
German economy shrinks by 0.2% in fourth quarter, more than expected

On an annual basis, the German economy contracted in both 2023 and 2024, by 0.3% and 0.2% respectively. Some respite is expected in 2025, with the German government on Wednesday revealing its ... Read More
German Economy to Flatline in 2025 as Tariff Turmoil Hits, Government Says

Germany was the only G7 economy that failed to grow for the last ... Exports are expected to fall by 2.2% this year, following a 1.1% decline in 2024. Next year, exports are expected to rise ... Read More
Scholz Says German Economy Needs More Migrants to Boost Growth

Chancellor Olaf Scholz said Germany must attract ... market to help get the struggling economy back on track. Germany’s potential output growth is expected to fall below 0.4% in coming years ... Read More
German Economic Institutes Slash 2025 Growth Forecast as Tariffs Bite

A closely watched twice-yearly forecast predicts Germany’s economy to expand just 0.1% this year, well down from the 0.8% expected in September 2024. Read More
German Unemployment Rises Less Than Expected in November, Labour Office Says

BERLIN (Reuters) -The number of people out of work in Germany ... in 2024 for the second consecutive year. Due to the subdued economic outlook, the number of unemployed is expected to continue ... Read More
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