DeStatis – German Recession: GDP in the 4th quarter of 2024 down 0.2% on the previous quarter and year on year

The German economy has not grown for four years

Gross domestic product (GDP), 4th quarter of 2024
-0.2% on the previous quarter (price, seasonally and calendar adjusted)
-0.4% on the same quarter a year earlier (price adjusted)
-0.2% on the same quarter a year earlier (price and calendar adjusted)

“Exports were significantly lower than in the previous quarter”, great stuff for a mercantilist economy.

Read HERE

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