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Germany in recession in 2023, for the government GDP at -0.4%

2022-10-12T13:17:09.080Z


"Due to the Russian aggression against Ukraine, the German economy will grow by only 1.4% this year and will drop by 0.4% in the next year. (ANSA)


(ANSA) - BERLIN, OCTOBER 12 - "Due to the Russian aggression against Ukraine, the German economy will grow by only 1.4% in the course of this year and will drop by 0.4% in the next year. corrections of the estimates with respect to those of last spring is the stop of the delivery of Russian gas ".

This was stated by the German Minister of Economy and Climate Robert Habeck, presenting the autumn estimates of the government on the PIL of Germany.

"Because of this, gas prices are still very high. High prices are holding back industrial production, especially in highly energy-intensive sectors," he explained.

(HANDLE).


Source: ansa

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