HRI Economic Forecast: Germany Slips Into Recession Again

Handelsblatt

Lean Right

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After a rather positive start to the year, the German economy will shrink again in the second half of the year. The once flourishing foreign trade will become a serious problem.

大纪元 Epoch Times

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According to the latest forecasts from the German Institute for Economic Research (DIW) and the Kiel Institute for the World Economy (IfW), the German economy has fallen into recession due to the impact of high energy prices caused by the war with Iran, with continued sluggish business investment and growth supported only by government spending. Faced with this downturn, economists have offered the solution of "looking to neighboring countries."