Retirement at 63 in sight: Concern for the German economy – This is what economists are demanding from the traffic lights. The German Chamber of Commerce and Industry expects a decline of 0.5 percent after surveying more than 27,000 companies from all sectors and regions.
In 2023, gross domestic product fell by 0.3 percent. One trend was particularly worrying: One survey was published on Thursday (February 15) and it said the bad mood among companies is becoming more entrenched. The economy contracted in two consecutive years (2002 and 2003). Now this could happen for the second time.