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Germany poised for mild economic contraction in 2023, DIW reports

Germany poised for mild economic contraction in 2023, DIW reports
Germany stands on the brink of being the only major economy to register a contraction in 2023, with German economic research institute, DIW, projecting a -0.4% dip in the nation’s economic output for the year. This downturn is primarily attributed to sluggish domestic consumption and a falter in export dynamics, exacerbated by a slowed Chinese […] The post Germany poised for mild economic contraction in 2023, DIW reports appeared first on Action Forex... Read More
Posted: Sep 8 2023, 08:36
Author Name: actionforex
Views: 112563

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