German Economy Contracts Amid Second Quarter of 2024
The German economy experienced a contraction of 0.1% in the second quarter of 2024, per official data from the statistics office. This confirms preliminary reports and poses potential concerns for the European economic outlook. Further details are available on the statistics office's official website.
- Country:
- Germany
The statistics office reported on Tuesday that the German economy shrank by 0.1% in the second quarter of 2024, confirming earlier preliminary data.
The contraction marks a potential challenge for Germany's economic stability, reflecting broader concerns within the European economic landscape.
Detailed insights and data can be found on the office's official website. The report was written by Miranda Murray and edited by Rachel More and David Goodman.
(With inputs from agencies.)
Advertisement
ALSO READ
23andMe's Genetic Data Under Scrutiny Amid Bankruptcy
Nibe Space Clears IN-SPACe Registration, Ventures into India's EO Data Dissemination
Retail inflation declines marginally to 3.34 pc in March compared to 3.61 in February: Govt data.
Mongolia’s New Data Protection Law Praised by UN, But More Action Urged
India's exports rise 0.7 pc to USD 41.97 bn in March as against USD 41.69 bn in same month last year: Govt data.
Google News