In its Autumn Economic Forecast, ifo stated that German economy remains in “stuck in crisis”, impacted by both economic and structural challenges. Following last year’s -0.3% contraction, the country’s price-adjusted GDP is expected to “only stagnate” in 2024. A “gradual recovery” is anticipated over the next two years, with growth projected at 0.9% in 2025 […]
The post ifo: German economy stuck in crisis, expected to stagnate in 2024 appeared first on Action Forex.