LAST January 25, the German government presented its new growth estimate — GDP (gross domestic product) growth of plus 0.2 percent in 2023 and 2.3 percent in 2024 — that showed hardly any signs of a recession. Meanwhile, semiofficial to more or less official assessments ranged from minus 1 percent to minus half a percent.
The most pessimistic expectations for German growth this year emerged in the middle of 2022 when gas prices were sky-high and there was a prospect of a shortage in Germany. It is a different scenario right now but should there be the prospect of gas shortages again, growth expectations will drop immediately.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.