Germany raises 2024 GDP growth forecast to 0.3% 04/24/2024 German Economy Minister Robert Habeck has revised Germany's growth forecast for 2024, announcing a marginal increase.

German GDP contracted by 0.3% year-on-year in the last quarter of 2023, with two consecutive quarters of negative growth deemed by most to constitute a technical recession.

Munich news, health insurance, technology, jobs and other topics for expatriates. The Eye Newspapers covers daily news and offers services for foreigners.

The Halle Institute for Economic Research (IWH) in its summer forecast said the economy is likely to grow by 0.4% this year, up from predicted growth of 0.1% previously, and by 1.1% in 2026.

Germany's GDP increased by 0.4% in the first quarter of 2025 compared to the fourth quarter of 2024. On an annualized basis, Germany's GDP remained unchanged in the first quarter of 2025. This is ...

Munich news, health insurance, technology, jobs and other topics for expatriates. The Eye Newspapers covers daily news and offers services for foreigners.

Calendar-adjusted GDP remained flat on a yearly basis after easing 0.2 percent in the fourth quarter. The first quarter GDP was revised up from the previous estimate of 0.2 percent fall.

A key German government advisory body on Wednesday downgraded its economic forecast for 2025 to zero growth, the latest damning assessment for the country's ailing economy after two consecutive ...

In the second quarter of this year, German GDP amounted to €596.67 billion ($875 billion), up from the previous quarter's figure of €593.3 billion.