The German economy is set to continue shrinking in the first three months of this year, the country’s central bank has predicted, blaming uncertainty over government policy as well as transport strikes and weak consumer and industrial demand.
The Bundesbank said in its monthly report on Monday that “stress factors would probably remain in the first quarter”, adding that this meant “economic output could therefore decline slightly again”.
Germany’s economy shrank 0.3 per cent in both the fourth quarter and over the whole of 2023, making it the worst performing major economy in the world last year.
您已阅读21%（603字），剩余79%（2301字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。