The Federation of German Industries (BDI) is forecasting low economic growth of 0.3% for Germany in the current year. The BDI announced in Berlin on Tuesday that it expects the global economy to grow by 2.9% in 2024. “Germany’s economy is at a standstill. Our country is falling further behind most other major industrialized countries,” BDI President Siegfried Russwurm said. “We don’t see any chance of a rapid recovery in 2024.” However, in the association’s view private consumption, which is being boosted by the decline in inflation, is having a growth-promoting effect. An increase in purchasi…