Cannonpointer » Today, 3:49 pm » wrote: ↑
Germany is in a recession
Yes, Germany is in a recession:
- 2023 recession
Germany's real GDP declined by 0.2% in 2023, indicating a recession.
- 2024 growth forecast
Economists expect Germany's growth to be slow in 2024, with the Bundesbank predicting 0.3% growth and the European Commission predicting 0.1% growth.
- Factors contributing to recession
Germany's economy has been affected by the coronavirus pandemic, the war in Ukraine, inflation, rising energy prices, and supply bottlenecks.
- Impact on European economy
Germany's recession is part of a larger trend of close to zero growth across the European economy in 2023.
It's just a hasty google, kid. Germany is in a recession - started in 2023 and is ongoing.
If it's "stagnant", then it's neither...sorry kid...
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