Germany’s central bank in its monthly report, stated that after a 0.3 per cent contraction in the final quarter of 2023, output is “likely to decline slightly” from January to March. This would mark the second consecutive decline in economic output, Economy News, Times Now
Germany has turned from Europe s one-time leader into a straggler, as deindustrialization and inflation sting one of the major Western economies. What s behind the slump?