Frankfurt Skyline in November.
Helmut Fricke | Picture Alliance | Getty Image
According to preliminary data released by the German Bureau of Statistics, the German economy has narrowed 0.2 % of the quarter of the three months as of December.
The price of the number, calendar and seasonal changes have been adjusted.
Analysts voting by Reuters have always hoped that GDP (GDP) will decrease by 0.1 %.
one Read one in advance According to the data available at the time, when the price, seasonality and calendar changes, GDP dropped by 0.1 %. As of the end of December, GDP fell 0.1 %.
The data on Thursday was 0.1 % in the country’s GDP in the third quarter of last year. Germany’s economic performance has been slow for a long time. In the past two years, most of the GDP reading every quarter has wandered on the plane line. However, the economy managed to avoid technological recession.
each year, German Economic Signing In 2023 and 2024, 0.3 % and 0.2 % were respectively.
It is expected to have some breathing in 2025 German government on Wednesday It revealed that its prediction of 0.3 % of the year-compared with the previous growth rate of 1.1 %, it was still a revision of decline.
Economic and Climate Minister Robert Habeck said at a press conference on Wednesday: “Diagnosis is serious.”
He added that the German economy had stalled for a long time. He pointed out that internal and global politics uncertainty is a factor that leads to decreased expectations, and adds that with the end of the term of office, the upcoming government cannot fully implement its growth plan.
The German federal election was scheduled to be held on February 23, which was earlier than the initial plan that broke the country’s rule alliance at the end of last year.
Habeck also said that a structural problem lies in the German economy, Echo comments Made by Treasury Minister Jörgkukies last week.
Kukies told CNBC: “The weakness of our economic structure must definitely be resolved.” “It is important to embark on the road of economic growth.”
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