German GDP downgraded in new blow for struggling economy
- Posted on November 22, 2024
- By Business News Today
- 1 Views
German GDP downgraded in new blow for struggling economy
Germany's third-quarter growth was revised down to a weaker-than-expected 0.1%, narrowly avoiding a recession. The country faces challenges including weak exports, declining manufacturing, and political uncertainty, making it lag behind other major economies.
