Germany Faces Longest Economic Recession in recent Decades

In 2024, Germany experienced its second consecutive year of GDP contraction, marking the longest period of economic recession in recent decades. The German economy, which shrank by 0.3% in 2023, further contracted by 0.2% in 2024. This downturn is attributed to a combination of factors including weak global demand, high energy costs, elevated interest rates, […] The post Germany Faces Longest Economic Recession in recent Decades appeared first on Tekedia.

  Business   Jan 16, 2025   0   4  Add to Reading List
Germany Faces Longest Economic Recession in recent Decades

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Connect to more customers on doacWeb

Post your business here..... from NGN1,000

WhatsApp: 09031633831

ARE YOU TIRED OF LOW SALES TODAY?

Connect to more customers on doacWeb

Post your business here..... from NGN1,000

WhatsApp: 09031633831

In 2024, Germany experienced its second consecutive year of GDP contraction, marking the longest period of economic recession in recent decades. The German economy, which shrank by 0.3% in 2023, further contracted by 0.2% in 2024. This downturn is attributed to a combination of factors including weak global demand, high energy costs, elevated interest rates, […]

The post Germany Faces Longest Economic Recession in recent Decades appeared first on Tekedia.

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