The German business organization BDI’s president, Siegfried Russwurm, stated on Tuesday that a little downturn in the economy is anticipated this year.
“This year, a 0.3% decline in the German economy is anticipated.”
The beginning of the year will be characterized by mild recessionary tendencies, with an upward trend beginning in the spring.
See a genuine 1% gain in German exports of goods and services in 2023, trailing the anticipated 1.5% increase in world commerce.