Germany's GDP Expected to Decline
This is a Germany news story, published by Yahoo Finance, that relates primarily to Robert Habeck news.
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government forecastDPA International
•Germany predicts recession as GDP forecast to shrink by 0.2% in 2024
80% Informative
Germany 's economy expected to decline by 0.2% in 2024 , down from 0.3% growth.
Economy Minister Robert Habeck presented the revised figures on Wednesday .
Germany 's leading economic research institutes recently also adjusted their forecasts downwards.
The government hopes that private consumption will pick up again next year and that more industrial products will be purchased from abroad.
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