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Bundesbank: German economy to shrink by 0.3% in 2023

Bundesbank: German economy to shrink by 0.3% in 2023
Economy to expand by 1.2% in 2024 and 1.3% in 2025 respectivelyGerman inflation seen at 6.0% in 2023, 3.1% in 2024, 2.7% in 2025Inflation risks are tilted to the upsideEconomy is set to recover only arduously but inflation at last is easingWe'll see how confident they can stick to these forecasts in the months ahead. All these numbers have been relatively useless as any guide since the pandemic but they can be used to gauge sentiment among lawmakers and policymakers at least. Th... Read More
Posted: Jun 16 2023, 06:36
Author Name: forexlive
Views: 110283

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