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German economy seen shrinking in 2024 from preliminary estimates

German economy seen shrinking in 2024 from preliminary estimates

News
Justin Low
15/01/2025 | 09:00 GMT
  • Germany posts a preliminary GDP of -0.2% year-on-year for 2024

The German stats office confirms the number, which matches up with analyst estimations. This follows a contraction of 0.1% in Q4 last year. Stagflation.

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