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Germany’s economy shrank for the second consecutive year in 2024
BERLIN (AP) — The German economy, Europe’s biggest, shrank for the second consecutive year in 2024, according to preliminary official figures released Wednesday weeks before an election in which the economy is the top issue.
German economy contracts 0.2% in 2024 in second consecutive annual slowdown
The German economy contracted by 0.2% in 2024, in the second consecutive year of declines in the annual gross domestic product of Europe’s largest economy.
Germany's economy shrinks for a second year in a row as election looms
Europe's biggest economy shrank for a second year in a row in 2024, according to data released on Wednesday by the Federal Statistics Office.
Germany’s economy shrank for second consecutive year in 2024, figures show
The German economy shrank for the second consecutive year in 2024, according to preliminary official figures. The stats come just weeks before an election largely focused on the economy. The Federal Statistical Office said that gross domestic product contracted by 0.2% in Europe’s largest economy last year following a decline in 2023.
Germany’s Economy Contracts for Second Straight Year as Tariff Threat Looms
Germany’s economy contracted for a second straight year in 2024, underlining the scale of the challenge that will face a new government after elections due in February, including the possibility of fresh tariffs on its exports to the U.
German economy shrinks for second year in a row
Simply sign up to the German economy myFT Digest -- delivered directly to your inbox. Germany’s economy shrank for a second straight year in 2024, underlining the severity of the downturn facing Europe’s manufacturing powerhouse.
1h
on MSN
Disinflation path will be bumpy and take time, NY Fed's Williams says
While monetary policy is set to keep the risks to the Federal Reserve's dual mandate in balance, the journey towards lower ...
2h
China’s top exporting regions pare back GDP targets under shadow of tariff threats
Shanghai and Guangdong, two of China’s major exporting regions, have set modest growth targets as leaders warn of ‘external ...
2d
Israel 2025 budget deficit could breach target and hit 5% of GDP, official says
Israel's budget deficit could near 5% of gross domestic product in 2025, above the government's target but below last year's ...
3h
Copper Giant Peru Sees Economy Expand for Eighth Straight Month
(Reuters) - Peru's gross domestic product expanded 3.93% in November compared with the same month of 2023, marking the eighth ...
8h
Battling political crisis, Germany’s economy shrinks in 2024 for second straight year
Gross domestic product in the eurozone’s largest economy declined 0.2 percent last year, according to preliminary figures ...
Nikkei Asia
7h
Japan GDP slips 0.1% in November, no thanks to food price rises: JCER
TOKYO -- Japan's economy contracted an annualized 0.1% in November from the previous month, as consumers reined in spending ...
1d
on MSN
Going big on 2025 GDP, major Chinese local-level economies unveil ambitious targets
Bold goals for local gross domestic product growth seen as shoring up confidence early while lining up with China’s long-term ...
7h
on MSN
Germany’s GDP shrinks 0.2% in 2024, marking second year of contraction
Germany, Europe’s largest economy, recorded its second consecutive annual contraction in 2024, with gross domestic product ...
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