German economy shrank in fourth quarter.. As of: January 30, 2024, 10:11 a.m By: Marcel Reich CommentsPressSplit German GDP fell in the fourth quarter of 2023.
This means that the economic downturn continues. The German gross domestic product shrank by 0.3 percent between October and December, according to the Federal Statistical Office. The authority confirmed initial estimates from mid-January and also stated that GDP for the entire year 2023 also fell by 0,3 percent.