Germany’s economic prospects have deteriorated further as the Joint Economic Forecast Project Group revised its GDP forecasts downward. The group now expects the German economy to contract by -0.1% in 2024, a downgrade from the previously anticipated 0.1% growth. This adjustment implies that Germany will face two consecutive years of economic contraction, following a projected […]
The post German economy set for 2nd year of contraction amid structural challenges appeared first on Action Forex.