German economic institutes see 2023 contraction as gas crisis hits

Capt. John

Four leading German economic institutes have almost halved their spring economic growth forecast for Europe’s largest economy this year and slashed their 2023 projection to -0.4% from 3.1%, they said on Thursday. The four institutes now expect 1.4% growth this year, down from 2.7% seen in the...

https://www.hellenicshippingnews.com/german-economic-institutes-see-2023-contraction-as-gas-crisis-hits/

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