German economy to shrink further in 2024, think-tanks issue statement
Output in Europe’s largest economy will decline by 0.1% this year, five think tanks said. It shrank by 0.3% in 2023. | Photo Credit: FABIAN BIMMER Germany’s economy is expected to shrink slightly in 2024, leading economic institutes said on Thursday, as the traditional manufacturing powerhouse continues to stagnate. Output in Europe’s largest economy will…
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