Industry in Weak Phase with Uncertainties Ahead, Predicts Bundesbank
Thursday, 21 March 2024, 11:19
German Economy Outlook
The Bundesbank predicts a recession for the German economy in Q1 2024, attributing it to the ongoing weak phase in the industry.
Key Points:
- No major stimulus from private consumption expected
- Uncertainties, such as climate policy, influencing investment decisions
Conclusion: Inflation may decrease further, but fluctuations are possible amidst slow services inflation decline.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.