The German economy contracted slightly in the spring of 2024, with gross domestic product (GDP) falling by 0.1% in the second quarter compared to the previous quarter, according to preliminary data released by the Federal Statistical Office. On an annual basis, second quarter GDP was 0.3% higher, but when adjusted for price and calendar effects, it was 0.1% lower than in 2023’s second quarter. This year there was one additional work day in the second quarter. Statisticians cited weak investment as the reason for the lower figures. After a slight recession over the winter, GDP rebounded by 0.2%…