Get access to our best features
Get access to our best features
Published 3 months ago

Germany’s Economy Shrank Last Year for First Time Since Pandemic

  • Germany's economy contracted by 0.3% in 2023, influenced by persistent inflation, high energy prices, and weak foreign demand.
  • The German economy avoided a recession at the end of the year, although it shrank by 0.3% in the fourth quarter.
  • Despite the decline in economic performance, the construction sector saw modest growth of 0.2%, and net external demand had a positive impact on GDP.
Insights by Ground AI
Does this summary seem wrong?

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)