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Bundesbank foresees difficult recovery for Germany, despite ended recession in Spring

Bundesbank foresees difficult recovery for Germany, despite ended recession in Spring
In its latest monthly report, Bundesbank projected a somewhat gloomy economic outlook for Germany. The central bank expects the country’s GDP to shrink by a calendar-adjusted -0.3% for 2023, with subsequent growth projected at 1.2% in 2024 and 1.3% in 2025. Characterizing the economic recovery as a laborious process, the Bundesbank pointed to the lingering […] The post Bundesbank foresees difficult recovery for Germany, despite ended recession in Spring appeared first on Action Forex... Read More
Posted: Jun 26 2023, 11:38
Author Name: actionforex
Views: 081099

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