Germany’s Economy Contracts For Second-Straight Year as Tariff Threat Looms
Germany’s economy contracted for a second straight year in 2024, underlining the scale of the challenge that will face a new government after elections due in February, including the possibility of fresh tariffs on its exports to the U.
Battling political crisis, Germany’s economy shrinks in 2024 for second straight year
Gross domestic product in the eurozone’s largest economy declined 0.2 percent last year, according to preliminary figures from federal statistics agency Destatis, coming after a 0.3 percent contraction in 2023.
Germany's Economy Contracts for Second Straight Year as Tariff Threat Looms -- 2nd Update
Economic output in Europe's largest economy sank 0.2% last year after it declined 0.3% in 2023, the first two-year contraction since 2003, according to Germany's federal statistics agency Destatis on Wednesday.
German economy shrinks for second year in a row
Simply sign up to the German economy myFT Digest -- delivered directly to your inbox. Germany’s economy shrank for a second straight year in 2024, underlining the severity of the downturn facing Europe’s manufacturing powerhouse.
Germany's economy shrank for the 2nd consecutive year in 2024
The Federal Statistical Office said that gross domestic product contracted by 0.2% last year following a decline in 2023. Chancellor Olaf Scholz's three-party coalition government collapsed in November when Scholz fired his finance minister in a dispute over how to revitalize the economy.
German economy contracts 0.2% in 2024 in second consecutive annual slowdown
The German economy contracted by 0.2% in 2024, in the second consecutive year of declines in the annual gross domestic product of Europe's largest economy.
Germany's statistics office says the country's economy shrank by 0.2% in 2024 in second consecutive year of decline
Germany's statistics office says the country's economy shrank by 0.2% in 2024 in second consecutive year of decline ...
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Germany’s economy shrank for the second consecutive year in 2024
BERLIN (AP) — The German economy, Europe’s biggest, shrank for the second consecutive year in 2024, according to preliminary ...
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