German economic institutes predicted Thursday that a recession this year will be worse than previously anticipated as high inflation and an industrial slowdown hit Europe’s top economy. The economy will shrink 0.6 percent in 2023, the institutes said in their latest joint economic forecast. They had all flagged in recent months that a downturn was […]
German economic institutes predicted Thursday that a recession this year will be worse than previously anticipated as high inflation and an industrial slowdown hit Europe’s top economy. The economy will shrink 0.6 percent in 2023, the institutes said in their latest joint economic forecast. They had all flagged in recent months that a downturn was […]
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https://insiderpaper.com/german-recession-to-be-worse-than-thought-shrink-0-6-in-2023-institutes/
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