A new forecast for the German economy from the Macroeconomic Policy Institute (IMK) predicts continued trouble in 2024, with economic output shrinking by 0.3%. The forecast, released on Wednesday, expected Germany’s gross domestic product (GDP) to rebound very slightly in 2025, with modest growth of 0.8%. The Dusseldorf-based IMK is part of the Hans Böckler Foundation, which is affiliated with the German trade union movement. “The German economy is only slowly emerging from its weak phase,” the institute said in the report. “Positive impetus for economic growth will come from private consumpti…