The German government will slash its economic growth forecast for this and next year to just 0.2% and 1% respectively in a report due to be published next week, according to two sources with ...

The German economy will post only modest growth next year after a decline of 0.2% in gross domestic product this year, the central bank predicted on Friday. The Bundesbank cut its forecasts for ...

BERLIN (Reuters) - Germany's Ifo institute cut its forecast for economic growth in Europe's largest economy to 0.2% on Monday, citing subdued consumer sentiment and companies' reluctance to invest.

Germany's Ifo institute slightly raised its 2024 forecast for economic growth in Europe's top economy on Thursday, citing stronger consumer purchasing power and a recovery in global trade in goods ...

Germany, Europe’s largest economy, is still grappling with structural challenges as it braces for a second consecutive year of contraction. Economic forecasts for 2024 now project a 0.2% decline ...

A forecast made last autumn of 1.3% growth has been revised down to 0.1%, with the report saying that consumer's purchasing power would be crucial to improving the economic forecast.

The forecasts show that Germany's GDP will drop 0.4% in 2023 and rebound by just 0.5% next year.