Charting the Global Economy: Germany Reels From Manufacturing Downturn
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Germany’s economy is struggling to emerge from a downturn in manufacturing, which is weighing on growth overall.
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Published Feb 24, 2024 • 4 minute read
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(Bloomberg) — Germany’s economy is struggling to emerge from a downturn in manufacturing, which is weighing on growth overall.
Gross domestic product will probably eke out a small gain this year before stronger momentum takes hold in 2025, according to the government’s estimates. Even so, stronger services activity across the rest of the continent propelled a euro-area gauge of private-sector activity to an eight-month high in February.
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Bloomberg News
2024-02-24 06:21:22
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