Learn more

The German economy’s weak performance will continue through the first months of the current year, the German Bundesbank central bank forecast in its latest monthly report published on Monday. Following a decline in gross domestic product (GDP) at the end of 2023, economic output in Germany could fall again slightly in the first quarter of 2024, the report said. Numerous strikes by German labour unions, including a lengthy work stoppage at the national railway Deutsche Bahn, have played a role in slowing short-term growth, the bank said. Economist consider two consecutive quarters of shrinking …

cuu