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 (GDP) shrinking by 0.2%, according to data from the Federal Statistics Office,
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 contracted for 2nd consecutive year in 2024
Germany 's economy, which is the biggest in Europe, shrunk for the second consecutive year in 2024. The country's gross domestic product (GDP) shrank by 0.2% last year, after a similar decline in 2023. The economic blow was disclosed by preliminary official figures released today, just weeks before an election in which the economy is a key issue.
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 the Second Consecutive Year in 2024
The German economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country’s traditional exports of cars and industrial mach
Battling political crisis, Germany’s economy shrinks in 2024 for second straight year
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