Germany Faces Economic Slowdown: Q4 GDP Drops by 0.4% Amid Export Declines
Germany's GDP is expected to fall by 0.4% in Q4, with exports significantly lower. Despite increases in consumption, the economy faces challenges.
Germany's GDP is expected to fall by 0.4% in Q4, with exports significantly lower. Despite increases in consumption, the economy faces challenges.
Germany's GDP saw a 0.2% decline in 2024, attributed to increased competition, high energy costs, and an uncertain economic outlook, according to Destatis.