Tag Archives: recession

I expect the German economy to contract by 0,7 percent in 2023.

The German economy cannot find its way out of stagnation.

There are growing signs that the German economy will not really return to growth. In the winter half-year, Germany has already slipped into recession and there is no upturn in sight. Unfortunately, rather the opposite.

After the German economy experienced a small interim low in the winter half-year, the hoped-for upturn is likely to begin in the current second quarter. The upturn is likely to be tentative and fragile, at least for the time being.

Germany’s gross domestic product shrank by 0.2% in the fourth quarter. However, a severe winter recession, which was feared in the autumn, has become less likely. Nevertheless, the risks to the economy remain high. I am somewhat more pessimistic regarding economic growth in 2023 than some of my colleagues.

Germany’s gross domestic product shrank by 0.2% in the fourth quarter. However, a severe winter recession, which was feared in the autumn, has become less likely. Nevertheless, the risks to the economy remain high. I am somewhat more pessimistic regarding economic growth in 2023 than some of my colleagues.

The German economy is proving remarkably robust under challenging conditions, even though the economic situation remains gloomy.

The German economy is probably facing a recession, even if the outlook has recently improved somewhat.