Institute: The German economy lacks dynamism – there is no end to the recession in sight. Expert does not expect any “significant growth impulses” The outlook remains cloudy for the time being.
The export-oriented part of the German economy, in turn, suffers from the fact that the global economy is also not dynamic. The gross domestic product shrank by 0.3 percent in the fourth quarter of 2023. If the second minus in a row follows in the current first quarter, it is referred to as a technical recession.