German Industrial Output Slumps, With Further Production 'Stall' Forecast
Jul 7th 2023 12:03pm EDT
The German Institute for Economic Research (DIW Berlin) and the Kiel Institute for the World Economy (IFW) previously forecasted that the national economy of the country would shrink by 0.2% year-on-year in 2023, with Germany already in a so-called technical recession.
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