The institutes lowered their GDP growth forecast for 2024 to 0.1% from earlier projection of 1.3%
Good Morning from #Germany where the 5 leading econ research institutes expect stagnation for 2024 due to cyclical & structural weaknesses. The institutes lowered their GDP growth forecast for 2024 to 0.1% from earlier projection of 1.3% – now in line w/consensus – and to 1.4% for 2025 from the previous forecast of 1.5%.
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