German economy shrinks by 0.2% in fourth quarter, more than expected

Germany’s economy contracted by 0.2% in the last quarter of 2024, with a decline in exports and ongoing challenges in the industrial sector leading to fears of a potential winter recession. Despite a slight growth forecast for 2025, the country’s economic performance has been lackluster, with consecutive annual contractions in 2023 and 2024. Structural issues and political uncertainty have been cited as factors contributing to the downturn, prompting calls for addressing long-standing weaknesses in the economy.

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