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Bookmark or Share- Economic forecast for Germany - European Commission - Economy and FinanceLast update (15/02/2024) Winter 2024 Economic Forecast: A delayed rebound in growth amid faster easing of inflation. Economic activity in Germany is estimated to have contracted by 0.3% in 2023, as projected in autumn. Private consumption suffered from a loss in purchasing power.
- Economy of Germany - WikipediaThe economy of Germany is a highly developed social market economy. It has the largest national economy in Europe , the third-largest by nominal GDP in the world, and fifth by GDP (PPP) . Due to a volatile currency exchange rate , Germany's GDP as measured in dollars fluctuates sharply.
- German economy to keep shrinking, Bundesbank warns - Financial TimesGermany’s economy shrank 0.3 per cent in both the fourth quarter and over the whole of 2023, making it the worst performing major economy in the world last year.
- Germany Economic Snapshot - OECDEconomic Survey of Germany (May 2023) After a decade of strong export-led growth, decreasing unemployment and fiscal surpluses, the COVID-19 pandemic and the energy crisis have revealed structural vulnerabilities and emphasised the need for accelerating the green and digital transitions.
- Explainer: Why is Germany's economy struggling in 2024?The International Monetary Fund predicts Germany will be the only G7 economy that shrank in 2023 and at 0.9%, growth is expected to remain well below the average of 1.4% for advanced...
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