Germany's economy shrank for the second consecutive year in 2024
BERLIN -- The German economy, Europe's biggest, shrank for the second consecutive year in 2024, according to preliminary official figures released Wednesday weeks before an election in which the economy is the top issue.
Germany's economy shrinks for a second year in a row as election looms
Europe's biggest economy shrank for a second year in a row in 2024, according to data released on Wednesday by the Federal Statistics Office.
Battling political crisis, Germany’s economy shrinks in 2024 for second straight year
Gross domestic product in the eurozone’s largest economy declined 0.2 percent last year, according to preliminary figures from federal statistics agency Destatis, coming after a 0.3 percent contraction in 2023.
German economy contracts 0.2% in 2024 in second consecutive annual slowdown
The German economy contracted by 0.2% in 2024, in the second consecutive year of declines in the annual gross domestic product of Europe’s largest economy.
German economy, Europe’s largest, shrinks for second straight year
Germany’s economy, the largest in Europe, contracted for the second year in a row in 2024, official data showed Wednesday, underscoring the challenges facing the region as it tries to get economic growth back on track.
German economy shrinks again, little light on horizon
The German economy contracted for the second year in a row in 2024, official figures showed today, with little prospect of a strong recovery ahead for Europe's traditional powerhouse.
Germany’s economy shrank for second consecutive year in 2024, figures show
The German economy shrank for the second consecutive year in 2024, according to preliminary official figures. The stats come just weeks before an election largely focused on the economy. The Federal Statistical Office said that gross domestic product contracted by 0.2% in Europe’s largest economy last year following a decline in 2023.
German Economy Shrinks for Second Straight Year Before Election
Germany’s economy shrank for a second consecutive year in 2024 and is unlikely to grow much in 2025, laying bare the challenge for the country’s new government once snap elections are held in February.
German economy shrinks for second year in a row
Simply sign up to the German economy myFT Digest -- delivered directly to your inbox. Germany’s economy shrank for a second straight year in 2024, underlining the severity of the downturn facing Europe’s manufacturing powerhouse.
China’s top exporting regions pare back GDP targets under shadow of tariff threats
Shanghai and Guangdong, two of China’s major exporting regions, have set modest growth targets as leaders warn of ‘external ...
Germany’s GDP shrinks 0.2% in 2024, marking second year of contraction
Germany, Europe’s largest economy, recorded its second consecutive annual contraction in 2024, with gross domestic product ...
Israel 2025 budget deficit could breach target and hit 5% of GDP, official says
Israel's budget deficit could near 5% of gross domestic product in 2025, above the government's target but below last year's ...
Nikkei Asia7h
Japan GDP slips 0.1% in November, no thanks to food price rises: JCER
TOKYO -- Japan's economy contracted an annualized 0.1% in November from the previous month, as consumers reined in spending ...
Going big on 2025 GDP, major Chinese local-level economies unveil ambitious targets
Bold goals for local gross domestic product growth seen as shoring up confidence early while lining up with China’s long-term ...
Copper giant Peru sees economy expand for eighth straight month
Peru's gross domestic product expanded 3.93% in November compared with the same month of 2023, marking the eighth-consecutive ...