US EditionGerman inflation falls to lowest level since start of Ukraine war
- Germany's economy is expected to contract by 0.6% this year due to rising interest rates and high inflation, impacting investment and consumption.
- The decline in inflation is partly attributed to the expiration of a 9-euro ticket and fuel discount, as well as a general easing of inflation in energy, food, and industrial goods.
- Economic institutes predict that high inflation will continue to depress consumption in Germany, adding to the negative impact on the economy.
Insights by Ground AI
Does this summary seem wrong?
33 Articles
33 Articles
All
Left
6
Center
11
Right
9
German economic institutes slash 2023 forecast to minus 0.6 pct
BERLIN, Sept. 28 (Xinhua) -- Leading German economic institutes on Thursday slashed their 2023 economic growth forecast for the country to minus 0.6 percent, a "strong downward revision" of 0.9 percentage points from the spring projection. Read full story
·Malaysia
Read Full Article
Coverage Details
Total News Sources33
Leaning Left6Leaning Right9Center11Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 23%
C 42%
R 35%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
