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German Government Expects Economy to Shrink by 0.2% This Year, Sueddeutsche Reports

By TRENDING GOV/POLITICSOct 6, 2024

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FRANKFURT (Reuters) – Germany’s economy ministry plans to downgrade its 2024 economic growth forecast, expecting Europe’s largest economy to shrink by 0.2%, newspaper Sueddeutsche Zeitung reported on Sunday. The forecast for an inflation-adjusted contraction, which the ministry is due to publish on …

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